{"id":1146,"date":"2013-03-22T07:12:27","date_gmt":"2013-03-22T12:12:27","guid":{"rendered":"http:\/\/www.lifeannuities.com\/blog\/?p=1146"},"modified":"2013-03-22T07:12:27","modified_gmt":"2013-03-22T12:12:27","slug":"three-strategies-to-pump-up-funds-at-retirement","status":"publish","type":"post","link":"https:\/\/lifeannuities.com\/blog\/retirement\/three-strategies-to-pump-up-funds-at-retirement","title":{"rendered":"Three strategies to pump up funds at retirement"},"content":{"rendered":"

My thoughts on a recent article in the Globe and Mail “Three strategies to pump up funds at retirement<\/a>”<\/p>\n

This is a very good article which covers the basic questions of 99% of retirees. Do they buy bond\/dividend funds or plump for an annuity where the income is guaranteed to be in the bank each month?<\/p>\n

As a broker that sells both types of investments,I see most clients electing an annuity.As 2008\/2009 still echoes in their reduced accounts,they want to know that their cheque will be in the bank on the 1st of each month.<\/p>\n

Another point raised is that of interest rates,about which commentators do not think through before speaking or writing. Longevity,not interest rates,is the big gorilla in this calculation.<\/p>\n

Companies are looking at paying out the income for multiple more years then previously thought and that has a far greater impact on payment amounts.<\/p>\n

That said,any retirement income from any source,should be enjoyed as soon as possible.You have no guarantee of life and if you read this article, “We\u2019re living longer, not better\u2019: Average Canadian will spend more than a decade suffering from serious\u00a0illness<\/a>” you will see it is important to think about your health and the health of your partner.<\/p>\n","protected":false},"excerpt":{"rendered":"

My thoughts on a recent article in the Globe and Mail “Three strategies to pump up funds at retirement” This[…]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"om_disable_all_campaigns":false,"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0,"footnotes":""},"categories":[1],"tags":[4,5,199,287,197,198],"class_list":["post-1146","post","type-post","status-publish","format-standard","hentry","category-retirement","tag-annuities","tag-annuity","tag-funds","tag-retirement","tag-strategies","tag-three"],"_links":{"self":[{"href":"https:\/\/lifeannuities.com\/blog\/wp-json\/wp\/v2\/posts\/1146","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/lifeannuities.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/lifeannuities.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/lifeannuities.com\/blog\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/lifeannuities.com\/blog\/wp-json\/wp\/v2\/comments?post=1146"}],"version-history":[{"count":2,"href":"https:\/\/lifeannuities.com\/blog\/wp-json\/wp\/v2\/posts\/1146\/revisions"}],"predecessor-version":[{"id":1148,"href":"https:\/\/lifeannuities.com\/blog\/wp-json\/wp\/v2\/posts\/1146\/revisions\/1148"}],"wp:attachment":[{"href":"https:\/\/lifeannuities.com\/blog\/wp-json\/wp\/v2\/media?parent=1146"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/lifeannuities.com\/blog\/wp-json\/wp\/v2\/categories?post=1146"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/lifeannuities.com\/blog\/wp-json\/wp\/v2\/tags?post=1146"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}