Don Maycock...advising you to and through retirement!

An annuity is a financial product whereby you invest a lump sum of money with an insurance company and in turn they provide a guaranteed income payment for a specific length of time. An example would be a life annuity which pays a guaranteed income payment for life.

2020 has been quite a roller coaster for investors so far, to say the least. COVID-19 was the primary reason for the market’s decline in March 2020 and thankfully the outlook is slowly improving. While younger investors may take advantage of low prices for securities due to a longer term time horizon, those in the […]

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UNDERSTANDING ANNUITIES Are you looking for an investment that could pay more than a guaranteed investment certificate (GIC)? Do you worry about the volatility of your portfolio and whether the income is sustainable and will last your lifetime? With an annuity, in exchange for a one-time deposit, you receive guaranteed, regular income for life with no stock […]

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Consider Sun Life Income Series for Guaranteed Lifetime Income in Retirement It may be worth considering Sun Life Income Series for Guaranteed Lifetime Income in Retirement. This product may be suitable for both pre-retirees  as well as those already retired. If you want more guaranteed income than Canada Pension Plan (CPP), or Old Age Security (OAS) and private […]

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