Manager, Insurance and Estates, Odlum Brown Financial Services Limited
Estate and Insurance Planner, Odlum Brown Financial Services Limited
For many clients, annuities may provide a solid foundation for guaranteed retirement income. Annuities can range from the simple life annuity to a more complex variable annuity (commonly referred to as a guaranteed minimum withdrawal benefit plan, or GMWB). In this article, we will exclusively discuss life annuities.One of the most common questions we are asked is, “How much income would I receive from purchasing a life annuity?” Several factors influence the income received from a life annuity, including the: Demographics […]
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