An annuity can provide guaranteed regular income payments in exchange for a one time investment. These payments are in the form of both interest and return of capital and can continue for the lifetime of one or two people or for a chosen period of time. Annuities are ideal for investors who:
- Are concerned about outliving their savings
- Value security and peace of mind while eliminating the need for ongoing investment decisions
- Wish to minimize tax on their investment income and maximize after-tax cash flow
- Need income as a bridge until pension or government benefits become available
As one of the leading independent insurance advisors located in Toronto, First Financial Group will assist you with your unique insurance needs and circumstances. For further information please contact us.