Infographic

Annuities - Boring & Beneficial

By Phil Barker

In a recent study completed by BMO Insurance, 80% of Canadians say their finances are causing them increased anxiety.

Fewer than half of Canadians surveyed (44%) are confident that they will have enough money to retire as planned.

Canadians are living longer, increasing the risk of outliving savings. This is a worldwid trend: Global life expectancy has doubled since 1900.

Consider using an annuity as part of your retirement plan to guarantee lifetime income.

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Figure 1. Infographic: BMO Annuities - Boring & Beneficial

Phil Barker

About the Author

Phil Barker

Phil Barker is a leading expert on life annuities in Canada. LifeAnnuities.com has different financial products and has been a recognized authority since 1972.

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