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.

 Annuity Payment Estimator This article provides a rough guide on how much an annuity pays based on several factors. Step by step instructions for the annuity payment estimator are provided below the table plus a example. Please note that this information is current as of the date and time posted and is subject to change without notice. […]

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Reduce Stress with a Life Annuity in your Retirement Plan A life annuity is simply 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 life. Think of it as buying your own personal pension plan.  Here is an article […]

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Variable Annuity (GMWB) and Your Income Retirement Plan   In 2006, I attended an advisor conference and a specific presentation about a new retirement product coming down the pipeline aimed at both retirees and those within 15 years of retirement. Technically it’s called a variable annuity but is more commonly referred as a GMWB or Guaranteed Minimum Withdrawal Benefit. The product was developed  because […]

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Time to Look at the Big Picture While markets have rallied off their March 2009 lows, investors face uncertainty when investing solely in equity markets especially when it comes to their retirement portfolios. This article addresses the issue of stress testing your retirement income plan.  I’ve written about this numerous times but it bears repeating […]

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What’s Your Retirement Number While extreme market volatility continues and the length of the recession remains uncertain, investors are understandably scared about their investments and their ability to retire comfortably. Whether you invest on your own or use an advisor, my recommendation is that you should review your retirement plan to determine where you stand […]

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