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Tag: life annuity

Comparing Life Annuities to Other Retirement Income Streams

August 29, 2023 Phil Barker Retirement

As individuals approach their retirement years, ensuring a stable and consistent income becomes a paramount concern. With the variety of[…]

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Real-Life Experiences with Life Annuities

August 24, 2023 Phil Barker Retirement

In the complex landscape of retirement planning, life annuities have emerged as a compelling option for Canadians seeking financial security[…]

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Tips for Maximizing Your Life Annuity Payouts

August 24, 2023 Phil Barker Retirement

Life annuities provide a valuable solution for retirees seeking a stable and guaranteed stream of income during their retirement years.[…]

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Canada Pension Plan (CPP) – 2023 Overview

August 23, 2023 Phil Barker Retirement

As the Canadian population continues to age, retirement planning becomes an increasingly important topic. Among the many retirement planning tools[…]

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Old Age Security (OAS) – 2023 Overview

August 21, 2023 Phil Barker Retirement

Old Age Security (OAS) is a crucial component of Canada’s retirement income system. It is a monthly pension provided by[…]

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Can You Use Funds from a Tax-Free Savings Account to Buy a Life Annuity?

May 18, 2023 Phil Barker Retirement

The Tax-Free Savings Account (TFSA) is a popular savings vehicle in Canada that allows individuals to earn investment growth on[…]

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What Happens To A Life Annuity At Death In Canada?

April 21, 2023 Phil Barker Retirement

In Canada, a life annuity is a financial product that provides the annuitant a guaranteed stream of income for their[…]

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Top 10 Annuity Questions Answered

March 11, 2023 Phil Barker Retirement

Annuities are a popular investment vehicle in Canada that provides a guaranteed stream of income to retirees. With the aging[…]

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How Do Annuity Guarantee Periods Work In Canada?

March 9, 2023 Phil Barker Retirement

A life annuity is a financial product that provides a guaranteed income stream for the rest of your life. When[…]

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Old woman

Fixed Term vs Life Annuity

August 23, 2021 Posted by: Phil Barker Retirement

Although there are several types of annuities, there’s one key difference: does it have a fixed term or will it[…]

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