MERRITT ANNUITY
Merritt Annuities – Guaranteed Retirement Income in the Heart of the Nicola Valley
Planning for retirement in Merritt? Life annuities in Merritt offer local residents the peace of mind that comes with guaranteed income—no matter how long you live or how the markets perform. Whether you’ve lived in the Nicola Valley for years or recently relocated for a quieter lifestyle, securing a stable and predictable income stream is key to a worry-free retirement. At Beaton Annuity Services, we help individuals aged 55+ turn their retirement savings into reliable lifetime income.
Why Merritt Residents Are Turning to Annuities
With its central BC location, scenic views, and laid-back lifestyle, Merritt is a popular destination for retirees who appreciate open space and a strong sense of community. But like retirees everywhere, Merritt residents face challenges like market volatility, inflation, and longer life expectancy. That’s where annuities can help. Annuities provide:
- Guaranteed income for life or a fixed term
- Protection from investment market risk
- Options to support a spouse with joint payouts
- Tax-efficient income, especially from non-registered savings
Annuities are designed to take the guesswork out of retirement planning and provide steady, hands-off income.
What Is an Annuity?
An annuity is a financial contract with a life insurance company. You invest a lump sum—typically from your RRSP, RRIF, TFSA, or non-registered account—and receive regular, scheduled payments in return. These payments can last for a specified number of years or for the rest of your life.
- Life Annuities – income that lasts as long as you do
- Joint Life Annuities – continues income for your spouse after your passing
- Term-Certain Annuities – provides fixed income for a set number of years
- Indexed Annuities – income that increases annually to account for inflation
Who Should Consider an Annuity in Merritt?
Annuities are a good fit for retirees who value financial stability and simplicity. If you don’t want to manage investments in retirement or are concerned about running out of money, annuities may be an ideal solution. You might benefit from an annuity if you:
- Are 55 or older and want to turn savings into guaranteed income
- Lack an employer-sponsored pension plan
- Prefer peace of mind over the uncertainty of the markets
- Want to protect your spouse with dependable income
- Like the idea of “set it and forget it” income planning
Independent Annuity Advice for Merritt Retirees
At Beaton Annuity Services, we provide objective and personalized advice to help you choose the right annuity for your retirement. John Beaton is an experienced annuity broker who compares rates from all of Canada’s major insurance companies to find the most competitive product for your needs.
We work with clients across British Columbia, including in Merritt, Kamloops, Princeton, and throughout the Southern Interior. Our approach is always respectful and pressure-free—we take the time to understand your goals and walk you through your options clearly. As an independent broker, we serve your interests—not the interests of any specific insurance company.
Request a Free Merritt Annuity Quote
Click here to get your free annuity quote — no pressure, no obligation. Whether you’re investing $50,000 or $500,000, we’ll show you how an annuity can offer long-term financial security and peace of mind.
You can also verify Canadian insurance license credentials here for added confidence.
Contact John Beaton at Beaton Annuity Services:
- Email: john@annuitybrokers.ca
- Phone (Lower Mainland BC): 604-535-2404
- Toll-Free: 1-800-667-8818
