Clients will always need to cover their basic living needs in retirement. A life annuity gives clients the security of knowing they’ll have a guaranteed monthly cheque no matter how long their retirement lasts. Plus, with an annuity they could pay less tax on the income they earn and may even have the option to leave a legacy. Watch the video to see how life annuities can help cover the basics first. Run time: approximately 4 minutes, 4 seconds.


Originally published on Advisor.ca