This was SUCH a helpful video to watch before our next call with our investment advisor. All the moving parts or making the annuity decision are coming into focus during your video. Super helpful!
I will add, I am still taking on a few investment management and planning clients. If you are open to a change in your advisory relationship, I would be glad to speak with you about it.
Can you please talk about ALDAs? I see that only Desjardins is selling them. Female in my early 50s, husband in early 60s has recently retired. I’m looking at scaling back to part time work. Have longevity on both sides of my parents. Have a moderate nest egg. Wondering if investing 10% of my savings (from LiRA/RRSP) in an ALDA starting at 70(?) along with deferring CPP and OAS to 70 would provide some peace of mind that would allow me to make the leap into semi or early retirement with what I’ve got in savings with less anxiety. Thank you
This was SUCH a helpful video to watch before our next call with our investment advisor. All the moving parts or making the annuity decision are coming into focus during your video. Super helpful!
Glad you enjoyed it! Jason is the best!
I will add, I am still taking on a few investment management and planning clients. If you are open to a change in your advisory relationship, I would be glad to speak with you about it.
Can you please talk about ALDAs? I see that only Desjardins is selling them. Female in my early 50s, husband in early 60s has recently retired. I’m looking at scaling back to part time work. Have longevity on both sides of my parents. Have a moderate nest egg. Wondering if investing 10% of my savings (from LiRA/RRSP) in an ALDA starting at 70(?) along with deferring CPP and OAS to 70 would provide some peace of mind that would allow me to make the leap into semi or early retirement with what I’ve got in savings with less anxiety. Thank you
Thanks for the question. Yes I will do a video on ALDA’s this summer.
$6 to 8K per annum on $100k annuity seems pretty high given todays rates. Are you sure these numbers are accurate?
Absolutely. For a 70 year old male, market price is around $7000/yr. It would be slightly less for a female.