Infographic

Guaranteed Lifetime Income Study

By Ivon T Hughes

In a study, released on May 15, 2018, Guaranteed Lifetime Income was viewed as a valuable supplement to government sponsored retirement plans.

The top retirement concerns in this survey of 1003 retirees and pre-retirees aged 55-75, was conducted by Sun Life and Great-West Life.

  1. low interest rates
  2. losing money or low returns on the stock market
  3. not being able to afford long term care
  4. outliving savings

Click to enlarge image

Figure 1. Infographic: Guaranteed Lifetime Income
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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