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Guaranteed Income For Life: How to Use Annuities in Your Investment Portfolio

Build Wealth Canada Podcast

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What Are the Factors Impacting Guaranteed Income?

Many factors impact how much guaranteed income we can receive from an annuity. Of course, prevailing interest rates will impact the amount but it's not the only factor. The older you are, the higher your income will be that you'll get from the appaied annuity. Women will receive a lower income than their male counterparts because women have a longer life expectancy. Those are kind of some of the factors that you'll want to take into consideration when calculating that income for life.

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