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Surprise! Annuities Beat RRIFs

By Posted by: Ivon T. Hughes On May 15, 2013 · Add Comment · In retirement
I want to comment on the article “Surprise! Annuities Beat RRIFs” which appeared last Saturday in the National Post. While thee debate of annuities versus RRIFs goes on continually, in fact there is probably a correct way for different groups of people to invest. For those without large company pensions, an annuity brings higher, regular income [...]
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Is There a Difference Between Registered versus Non-Registered Annuity Rates?

By Posted by: Ivon T. Hughes On May 9, 2013 · Add Comment · In retirement
We were asked a question yesterday about why we had posted annuity rates where the monthly payments were different for registered and non-registered funds. Annuity rates can change every day according to company demand, and the monthly payments are normally the same whether the current source of  funds are registered or non-registered. You can see [...]
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The 2013 RRIF Withdraw Table

By Posted by: Ivon T. Hughes On April 29, 2013 · Add Comment · In retirement
Here is the RRIF Withdraw Table for 2013. To read the full article click >> RRIF Withdrawal Schedule Table 2013     Posted by: Ivon T. HughesIvon is a leading expert in life annuities in Canada. His website LifeAnnuities.com is a recognized authority on annuities. He's also an established insurance and investment broker, licensed across [...]
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“The Retirement Gamble” Facing Us All

By Posted by: Ivon T. Hughes On April 24, 2013 · Add Comment · In retirement
Article “The Retirement Gamble” Facing Us All by Martin Smith This is an informative,wide ranging look at all the decisions the potential retiree has to face. It is not just the amount of money you need to save,though that is certainly important.But it is where and how you place you investments that could cost a lot [...]
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Tipping point’ in annuity options for Middle Britain

By Posted by: Ivon T. Hughes On April 24, 2013 · Add Comment · In retirement
This article  Tipping point’ in annuity options for Middle Britain by Fiona Murphy speaks about the virtues of investment based annuities.These annuities have a floating,rather than a fixed income each year, as the investment changes value from time to time. And that is the whole problem. If your memory is bad and you have forgotten [...]
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Investments: Should you convert retirement savings to an annuity?

By Posted by: Ivon T. Hughes On April 23, 2013 · Add Comment · In retirement
This is my recent comment on “Investments:  Should you convert retirement savings to an annuity?” written by Vince Magee This is a good general description of most of the issues you need to consider when contemplating an annuity purchase. The main item is whether the capital you are thinking of investing in the annuity needs [...]
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Buying an annuity: when doing it yourself costs more than getting expert advice

By Posted by: Ivon T. Hughes On April 22, 2013 · Add Comment · In retirement
Below is my recent comment on the following article “Buying an annuity: when doing it yourself costs more than getting expert advice” by Richard Evans from  The Telegraph We remember the car mechanic’s sign that says $39 an hour without your supervision, otherwise $59 an hour.And that certainly applies to annuity purchases. We receive emails from [...]
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Delaying your annuity gives you a bigger income, but it could take 36 years to get back money you lost

By Posted by: Ivon T. Hughes On April 1, 2013 · Add Comment · In retirement
This is a prominent article that is well overdue. “Delaying your annuity gives you a bigger income, but it could take 36 years to get back money you lost” As Canada’s leading life annuity broker, we have been saying this for a long, long time. You don’t know how long you will live. If the [...]
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Three strategies to pump up funds at retirement

By Posted by: Ivon T. Hughes On March 22, 2013 · Add Comment · In retirement
My thoughts on a recent article in the Globe and Mail “Three strategies to pump up funds at retirement” This is a very good article which covers the basic questions of 99% of retirees. Do they buy bond/dividend funds or plump for an annuity where the income is guaranteed to be in the bank each [...]
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Understanding RRIFs and annuities key to solving pension dilemma

By Posted by: Ivon T. Hughes On March 19, 2013 · Add Comment · In retirement
Article “Understanding RRIFs and annuities key to solving pension dilemma” by Brenda Shanahan, The Montreal Gazette. This is a very good approach to a recurring problem, a RRIF or an annuity? As your RRIF payment is increased involuntarily each year, you need to make sure that your investment gains in value to match the amount of [...]
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