Have you been thinking about the money in your pension? Have you thought about how long it will last once you start using this money? Annuities are our way of conserving our funds while being able to access them at all times. These funds are able to provide us with an allowance and have the principal investment earn interest at the same time. Doesn’t this sound like the best of both worlds? see the different types of annuities and which ones fit your needs!

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Buying Annuities

Have you Considered how long your retirement income would last if you surpassed the age of 81? Annuities allow you to spread out this money giving you the ability to disburse your retirement income and provide you with life long payments. This product is essentially effective to defer your RRSP tax even further than you withdrawing the money all at once.

Annuity Premiums 2013
  • Individual Premiums
  • Group Annuities

Canadian Life Expectancy

1950 Age 66
2015 Age 81

RRSP Contributions
  • Total Annuity Premiums 2013
  • Annuity Assets