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Canada Sunday, July 23, 2017

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4 Reasons to Buy an Annuity

This article in the Globe & Mail highlights 4 good reasons to use an annuity as a permanent paycheque to replace your work income.

 

Many people don't realize that the workplace income, that has now stopped, needs to be permanently replaced. And that is what an annuity does; it is a lifetime income that replaces that income.

 

All the other benefits run secondary to this purpose in my opinion. Without a guarantee of regular guaranteed monthly income, you do not have a basic structure on which to build.

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