{"id":13888,"date":"2019-03-12T18:37:08","date_gmt":"2019-03-12T22:37:08","guid":{"rendered":"http:\/\/lifeinsurance-orleans.ca\/Life-Insurance-Blog\/my-comments-to-pensionize-your-nest-egg-with-annuities-your-super-bonds\/"},"modified":"2019-04-16T15:47:48","modified_gmt":"2019-04-16T19:47:48","slug":"my-comments-to-pensionize-your-nest-egg-with-annuities-your-super-bonds","status":"publish","type":"post","link":"https:\/\/blog.lifeinsurance-orleans.ca\/index.php\/2019\/03\/12\/my-comments-to-pensionize-your-nest-egg-with-annuities-your-super-bonds\/","title":{"rendered":"My Comments to \u201cPensionize Your Nest Egg With Annuities, Your Super Bonds.\u201d"},"content":{"rendered":"
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Below are my comments to a recent blog post by Dale Roberts Pensionize Your Nest Egg With Annuities, Your Super Bonds.<\/a><\/p>\n

The author says \u201c\u2026the longer you wait to purchase that annuity, the greater the payments \u201cPossibly so,but how do you know how long to wait? I have a lot of clients who \u201dwaited\u201d and now, due to sickness or death, the extra income is useless. People need to look at their health history and us that as a guideline.<\/p>\n

And \u201cstagger your annuity purchases over many years?\u201d 30 or 40 years? In later years, people have long lost in making more money; people just want guaranteed income.The older the person, the less the interest.<\/p>\n

\u201cWhen you die, your money goes to the insurance company\u201d is not correct. You need to differentiate between registered and non registered monies. At the last death with registered money, any remaining capital is taxed with the balance distributed. With non registered money, payments can continue to beneficiaries for the balance of any remaining period. Only then would any other type of distribution take place;as you say you need \u201dthe right buckets at the right time\u201d.<\/p>\n

Finally,\u201dannuities are insured by Assuris<\/a>, which covers 85% of the annuity payment up to $2k per month\u201d. This appears to be a typo; it is 100 % up to $2k a month and 85% thereafter. That\u2019 why we use multiple companies when necessary.<\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"

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Below are my comments to a recent blog post by Dale Roberts Pensionize Your Nest Egg With Annuities, Your Super[…]<\/p>\n

The post My Comments to “Pensionize Your Nest Egg With Annuities, Your Super Bonds.”<\/a> appeared first on Annuities & Retirement Planning<\/a>.<\/p>\n<\/div>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":[],"categories":[],"tags":[],"jetpack_featured_media_url":"","_links":{"self":[{"href":"https:\/\/blog.lifeinsurance-orleans.ca\/index.php\/wp-json\/wp\/v2\/posts\/13888"}],"collection":[{"href":"https:\/\/blog.lifeinsurance-orleans.ca\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/blog.lifeinsurance-orleans.ca\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/blog.lifeinsurance-orleans.ca\/index.php\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/blog.lifeinsurance-orleans.ca\/index.php\/wp-json\/wp\/v2\/comments?post=13888"}],"version-history":[{"count":2,"href":"https:\/\/blog.lifeinsurance-orleans.ca\/index.php\/wp-json\/wp\/v2\/posts\/13888\/revisions"}],"predecessor-version":[{"id":14691,"href":"https:\/\/blog.lifeinsurance-orleans.ca\/index.php\/wp-json\/wp\/v2\/posts\/13888\/revisions\/14691"}],"wp:attachment":[{"href":"https:\/\/blog.lifeinsurance-orleans.ca\/index.php\/wp-json\/wp\/v2\/media?parent=13888"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/blog.lifeinsurance-orleans.ca\/index.php\/wp-json\/wp\/v2\/categories?post=13888"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/blog.lifeinsurance-orleans.ca\/index.php\/wp-json\/wp\/v2\/tags?post=13888"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}