In recent years when talking about retirement, the keyword “annuity” would always come up, but is an annuity plan suitable for everyone? Let’s ask 4 questions to find if it’s useful for you.
Will your money last?
Make sure your money will last after retirement so you can enjoy life to the fullest and even leave a legacy.
Retirement doesn’t mean a sudden stop to the life of working you’ve lead for years. When you retire, there is another set of dreams and goals to be pursued. Whatever you have in mind, the first rule of thumb is to manage your wealth wisely to make your money last. Equipped with sufficient protection and preparation, you and your loved ones canbe happy and worry free for the many years to come.
Will your money last? [Web page]. Retrieved from Canada Sun Life Corporate Website read the article
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Consider your income options for retirement expenses
Making sure you have enough income to cover your food, utilities, housing and personal health expenses should be the foundation of any .
Plan your future health needs
Government health plans don’t cover everything, so it’s wise to consider additional .
Think about the legacy you want to leave
Whether you wish simply to cover your final expenses or to leave something to your loved ones or a favourite charity, an advisor can help you create a plan.