These past four plus months have created many shocking developments for families, businesses and communities around the globe; offset in some small way by acts of kindness, inclusion and courage which provide hope for a more equitable and just world post pandemic.
One of these latter emerging positives is a renewed interest in reaching out to old friends, mentors and family.
The recent dramatic shifts in equity markets coupled with fears of economic hardship and recession ahead have in the financial world renewed interest in an old and reliable friend: the life annuity.
It’s guaranteed income for life; tax effectiveness (especially when the annuity is sourced from non registered funds); survivor benefits; creditor proof attributes and inverse relationship to the normal insurability requirements of life insurance underwriting, pointedly address the wild fluctuations of financial markets and provide a superb base to any retirement income strategy.
We are happy to speak with you at Etherington Generations in the event you would like to learn more.