Money and Me: Get a monthly payout for life from age 42?
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Money and Me: Get a monthly payout for life from age 42?
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About this listen
Imagine a few thousand consistently deposited into your account, every month for life!
Our guest received a letter reminding him this financial instrument he chose 5 years ago, came to fruition with a sweet four figure gain.
Listen to this episode to hear how to figure out if putting money in annuity is a smart move.
How much can you expect monthly? What are the range of riders involved? What's guaranteed and what's not? How does this financial instrument compare with buying a REIT, ETF or topping up your SRS?
Michelle Martin finds out with Phillip Securities' Elijah Lee.
See omnystudio.com/listener for privacy information.
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