Choosing the right annuity

via @globeandmail

Comments By Ivon T Hughes
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Figure 1. Published Tweet

Choosing the right annuity: Frank and Frances' Story

There is something weird and unexplained in the thinking here.

Why would anyone take the "high income" choice when it is only $70 more for one person for 10 years than "the middle road" version for both persons forever?

And why do they regard it as "less"? "Less" than what? It lasts them both a lifetime so it cannot be compared to the other 2 options.

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Ivon T Hughes

About the Author

Ivon T. Hughes

Ivon T Hughes is a leading expert in life annuities in Canada. His website LifeAnnuities.com is a recognized authority on annuities. He's also an established insurance and investment broker, through The Hughes Trustco Group since 1972. Recently, he's been redefining how annuities are sold in Canada.

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