Retirement Protected By Life Annuities

Retirement Protected By Life Annuities

While many retirees want all of their income protected from the stock market, at least 97% want at least some protection.

And the way to make sure your monthly cheques don't depend on the health of your mutual funds or no-interest GIC's, is to guarantee them with a simple life annuity.

The stock market today is going through some violent convulsions and who knows where or when it will stop. The 10 year US bond fell also on the 9th of October, so again we have another income worry.

At this period, more and more people are questioning their involment in an investment in which they have little or no control. Money lost now cannot be recovered by retirees due to age or loss of ability; the funds they own are the last they will ever have. So if you or your parents are in a situation where you cannot afford losses, you should think clearly about the future, especially now with longer life expectancy.