MAPLE RIDGE ANNUITY

Maple Ridge annuity

Annuities in Maple Ridge BC

A Maple Ridge annuity is a contract between an individual and an insurance company where the individual provides a lump sum of money to the insurance company and the insurance company guarantees a lifetime income to the individual. This arrangement essentially creates a guaranteed income stream for the rest of the individual’s lifetime.

how to buy annuities in Maple Ridge

Whether you are learning about annuities for the first time or you are seeking further information about whether or not they are right for you, I believe we have provided enough information on this website in order for you to decide if an annuity would be meaningful to you. As an annuity broker, I have over thirty years of experience with annuities and the insurance companies that sell them. If you would like to speak with me directly and reside in the lower BC area, you can call me anytime at 604-535-2404. If you reside outside of the lower mainland, call toll free at 1-800-667-8818.

It’s likely that you are curious about the amount of income you can obtain monthly from the amount of capital you have to put towards an annuity purchase, so we have provided a quick and easy way to provide you with this information. Below is a list of the Canadian life insurance companies that sell annuities in your area. If you have questions, you can call John Beaton at 604-535-2404 in the lower B.C. mainland or 1-800-667-8818 if you reside outside the lower mainland.

The following Canadian life insurance companies sell annuities in British Columbia.

Assumption Life

Beneva

BMO Life

Canada Life

Desjardins Financial Security

 

Empire Life

Equitable Life

Industrial Alliance Financial Group

RBC Life

Sun Life Assurance Company of Canada

Wawanesa Life Insurance Company

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Please note that the term guarantee period refers to the period of time that the insurance company must make payments to you, whether you are alive or dead. For a life pay annuity the most common guarantee periods are 5 years for registered funds and 7 years for non-registered funds. For a term certain annuity, guarantee period outlines the total length of time that payments are to be made to you.

Tailored Annuity Solutions for Maple Ridge Seniors – John Beaton’s Retirement Strategy

Retirement planning is critical for ensuring financial stability in your later years. Many seniors in Maple Ridge are now choosing annuities as a reliable way to secure their income. These financial products offer the peace of mind that comes from knowing you’ll have a steady income throughout your retirement, regardless of market conditions. John Beaton specializes in creating individualized annuity solutions that meet the unique needs of seniors in this community.

Understanding Annuities and Their Role in Retirement

An annuity is a financial product that guarantees a fixed income for a specific period or for life, depending on your preferences. It’s particularly beneficial for seniors in Maple Ridge, as it offers consistent and predictable income that doesn’t depend on the performance of the stock market.

By choosing an annuity, you essentially purchase a stream of income that you will receive at regular intervals for as long as you live or for a predetermined time. This takes the guesswork out of managing your finances during retirement, providing you with peace of mind knowing that you’ll have a steady flow of money to cover your living expenses.

Why Consider an Annuity for Your Retirement?

Many seniors worry about outliving their savings, especially given rising healthcare costs and the unpredictability of other retirement income sources. A guaranteed annuity can help provide a steady and reliable income stream that won’t fluctuate with market changes.

In Maple Ridge, the cost of living can add up, and having guaranteed income can be a major relief. Since there are no fees for guaranteed annuities sold in Canada, you get the full value of your purchase.

With a guaranteed annuity, you don’t have to worry about market volatility or investment risks. The amount you’ll receive is fixed, so you can count on it month after month, year after year.

How John Beaton Can Help You

With years of experience in retirement financial issues John Beaton, specializes in helping seniors in Maple Ridge find the best solutions for their retirement income needs. John works closely with clients to ensure that the annuity options chosen align with their financial goals.

John  takes the time to understand your unique situation and designs a retirement strategy that’s easy to understand and tailored to your needs. John’s approach focuses on providing guaranteed annuities with fixed payments, allowing you to plan confidently for the years ahead.

By working with John you’ll receive personalized service every step of the way. John will help you understand how each option works and guide you to the one that best fits your financial goals.

How Does a Guaranteed Annuity Work?

When you purchase a guaranteed annuity, you exchange a lump sum of money in return for regular payments. These payments are typically made monthly, quarterly, or annually, depending on the terms you choose.

In most cases, the amount of your monthly payments will depend on factors such as your age and, the amount of money you’re investing. The key advantage is that you’ll receive fixed payments, which you can rely on no matter what happens in the market.

For seniors in Maple Ridge, having guaranteed income for life can provide security and remove the stress of worrying about running out of funds.

Why Is John Beaton the Trusted Expert for Maple Ridge Seniors?

Understand that retirement is a personal and important milestone. That’s why John  focuses on helping  his clients in Maple Ridge find annuity solutions that are tailored to their specific needs. Here’s why you can trust John to guide you through the process:

  • Personalized Service: John takes the time to understand your retirement goals and tailor an annuity plan that suits your unique circumstances.
  • Expert Knowledge: With years of experience, John provides informed advice on the different annuity options available, helping you make a decision that aligns with your needs.
  • Guaranteed Payments: John’s focus is solely on guaranteed single premium annuities, which provide predictable, secure payments without the uncertainty of market fluctuations.
  • Transparent and Honest Advice: John ensures that all the terms and details of your annuity are clearly explained, with no hidden fees or surprises, so you can make well-informed decisions with complete confidence.

Ready to Plan Your Retirement?

If you’re ready to secure your future with a guaranteed annuity, John Beaton is  here to help. At Beaton Annuity Services, John offers personalized support to create a retirement strategy tailored to your financial goals. You can reach John at (604) 535-2404 or toll-free at 1-800-667-8818. For more information, visit the website at www.annuitybrokers.ca or email directly at john@annuitybrokers.ca. Get a free annuity quote now and take the first step toward securing your retirement income.

There are no Broker Fees

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