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 […]
Consider Empire Life Class Plus 3.0 for Guaranteed Lifetime Income in Retirement It may be worth considering Empire Life Class Plus 3.0 for Guaranteed Lifetime Income in Retirement. This product may be suitable for both pre-retirees who plan to retire within the next 20 years as well as those already retired. If you want more guaranteed income than […]
Good Retirement Income Planning Articles Below is a collection of what I consider good educational articles about Retirement Income Planning. Planning Can Help You Make Sure Your Retirement Savings Will Last What about books? There aren’t many on this topic, but one I like is Winnipeg adviser Daryl Diamond’s book, Your Retirement Income Blueprint, now in […]
Annuity Payout Rates I read an interesting US technical article on Annuity Pricing Sensitivity and while the scope of the article is very detailed, one chart showing the payout rate versus age got my interest, as shown below. As I get a lot of requests for annuity quotes, I thought Canadians might find the data interesting if […]
Ontario Retirement Pension Plan (ORPP) : Will Those Over 50 Benefit? If you plan to retire in the next 15 years, I wouldn’t get too excited about how the Ontario Retirement Pension Plan (ORPP) will supplement your retirement income! While I have many issues with the ORPP, I realize there is relatively little I can do […]