The answer is pretty simple!
No worry and stress about mananaging investments. No complicated investment portfolios to keep you up at night. No fear of stock market crashes.
Your retirement years are about getting back to the basics. Doing things you enjoy. Annuities make life simpler, not more complicated.
With a single premium immediate annuity (SPIA) your monthly income is secure with no risk, worry and stress of investing. A single premium immediate annuity provides a series of periodic income payments for a worry-free source of retirement income for the rest of your life. Here is an illustration of a single premium immediate annuity from BMO Insurance.
Remember that with a single premium immediate annuity purchased from Canada, you cannot outlive your income payments.
For information on a single premium immediate annuity speak to one of our annuity brokers or request a Single Premium Immediate Annuity Quote and one of our brokers from your province will contact you.