MoneySense on MSN
Unlocking the Annuity Puzzle: Why Canadians avoid what seems to be the perfect retirement vehicle
Annuities promise guaranteed lifetime income—so why do Canadians avoid them? We unpack the “annuity puzzle” and when they may actually make sense.
This could include baking in inflation protection (so your income rises with prices), opting for a “joint-life” annuity (where a set income is paid to your partner when you die) or inserting a ...
Retirees are being offered the best “income for life” deals in 17 years, giving pensioners thousands of pounds more each year ...
As the Bank of England prepares to announce its base rate decision, questions remain over the impact a potential cut could ...
24/7 Wall St. on MSN
Is Social Security The Only Possible Source of Guaranteed Income for Retirement?
There’s a reason older Americans are advised to think carefully before signing up for Social Security. For many people, those ...
MoneyWeek on MSN
What are my retirement income options?
We’re all told to save into a pension, but there’s widespread confusion about how to take an income from our savings and ...
24/7 Wall St. on MSN
Want Guaranteed Retirement Income? Social Security Isn’t the Only Way to Get It
Social Security serves as a financial lifeline for millions of retired Americans. And even if you manage to save a decent chunk of money for your senior years, you might rely heavily on Social ...
You may not need burial insurance or an expensive whole life insurance policy. Try these alternatives instead.
In one product trend, regulators are seeing more guaranteed living withdrawal benefits attached to non-variable annuities.
MoneyWeek on MSN
What does an interest rate cut mean for my pension?
Interest rates have been cut from 4% to 3.75%. For pension savers and retirees the effects of the drop will depend on the ...
Vanguard is aiming to make generating income from your target-date fund in retirement easier. The firm announced it has launched a new target-date series that gives investors the option to incorporate ...
Brighthouse Financial (NASDAQ:BHF) operates across annuity and life segments as nasdaq today reflects broader financial ...
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