Two Phases of a Life Annuity
There are two phases for a life annuity purchased in Canada. The accumulation phase in which you make deposits and…
An Annuity’s Taxable Portion Explained
Often my clients, who buy non-registered life annuities, ask me to explain why the lowest premium on a quote table…
Should you consider an annuity?
My comments to "Should you consider an annuity?" by Kevin Press at BrighterLife.ca Should you consider an annuity? An annuity’s promise…
Forcing seniors to outlive their savings
From the C.D. Howe Institute: Outliving Our Savings: Registered Retirement Income Funds Rules Need a Big Update Click here for…
Change RRIF drawdown rules: C.D. Howe
In this article "Change RRIF drawdown rules: C.D. Howe" from Investment Executive not only makes some good points but raises…
Use Annuities To Protect Yourself From Yourself
In this very recent issue of Forbes magazine there was an enlightening article on life annuities, "Use Annuities To Protect…
Running Out of Money? How Life Annuities Provide Income for Life
Retiring today is not as simple as it was for previous generations. Most new retirees and those about to retire…
Saving enough isn’t the only worry in retirement
My comments on "Saving enough isn’t the only worry in retirement" by Craig Sebastiano | May 15, 2014 from Benefits Canada. This…
How living longer can hurt your retirement planning
My comments on a recent article in the Toronto Star "How living longer can hurt your retirement planning" by Moshe A.…
Should your life expectancy be part of your financial planning?
My comments on "Should your life expectancy be part of your financial planning?" by Garry Marr of the Financial Post. From…