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

Build Wealth Canada Podcast

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Are You Looking at Your Sources of Income?

Canadians do have other sources of income, but once they turn 71, you know, they may feel more of a need for that guaranteed income. The main thing here is that it doesn't really require any active management. Once my money is invested, it's locked away and i can't access it. But as i mentioned before, you wouldn't generally annuitize your full all f your savings,. You would only use a portion of your savings to purchase an annuity, and then you could invest the remainder of your savings in other types of investments which offer liquidity.

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