Who is most suited for annuities?

Who is most suited for annuities?

* People nearing retirement

* Early retirees who want more income until OAS begins

* Clients who must convert RRSP funds to an income stream

* Retirees with limited financial management experience

* People desiring an income stream to cover specific fixed expenses

* Anyone advising/managing finances for elderly parents

* Anyone concerned about outliving their retirement savings