WHERE CAN I BUY AN ANNUITY IN NEW WESTMINSTER

Are you planning your retirement in New Westminster? Life annuities in New Westminster offer a safe and simple way to turn retirement savings into stable, predictable income. Whether you’re approaching retirement or already enjoying it, having a guaranteed income stream is one of the most important steps to ensure long term financial security. At Beaton Annuity Services, we specialize in helping individuals aged 55 and older build dependable retirement income plans backed by Canada’s top insurers.

With its rich history, central location, and riverfront charm, New Westminster is a desirable place to retire. Yet, as with all communities in Metro Vancouver, the cost of living remains a key concern. With rising expenses and unpredictable markets, many retirees are seeking income solutions that are both secure and sustainable.

An annuity is a financial product designed to provide you with a reliable income stream during retirement. You pay a lump sum upfront, and in return, you receive regular payments for a specified period or for the rest of your life, you choose. The core principle of an annuity is that it converts your lump sum into predictable, guaranteed payments that you cannot outlive. For most retirees, the single premium immediate annuity is the most common choice. This type of annuity provides you with income right away after you make the lump sum payment, and the payments continue for the duration of the contract, ensuring that you’re always financially supported, no matter what life throws your way. Guaranteed annuities offer several advantages that can make them an ideal solution for securing your retirement income.

• Guaranteed income for life or a chosen term
• Freedom from investment market fluctuations
• Options to support a spouse with joint income
• Tax efficient income for non-registered funds

Annuities bring structure, confidence, and simplicity to your retirement income strategy.

An annuity is a contract with a life insurance company. You contribute a lump sum, usually from your RRSP, RRIF, or non-registered funds and receive regular, scheduled income payments in return. These payments can last for a specific number of years or for the rest of your life.

• Life Annuities - income that lasts as long as you live
• Joint Life Annuities - provides ongoing income to your spouse after your passing
• Term Certain Annuities - payments for a set number of years
• Indexed Annuities - income increases annually to help keep pace with inflation

Annuities are an excellent choice for retirees who want stability and predictability. If you don’t have a workplace pension, and prefer a low risk, hands off income strategy, an annuity may be an ideal fit. You may benefit from an annuity if:

• You’re 55 or older and ready to turn savings into income
• You want to protect your spouse with lifetime income options
• You’re worried about outliving your savings
• You want to avoid managing investments during retirement
• You value consistency and financial security

At Beaton Annuity Services, we provide personalized, independent annuity advice tailored to your financial goals. John Beaton is a Canadian annuity broker who compares products from all major insurers to ensure you receive the best possible annuity rates and benefits.

If you’re investing $50,000 or more, we’ll guide you through your annuity options clearly and without pressure. Unlike agents working for a single insurance company, we work only for you. Our focus is always on helping you make confident, informed decisions about your future income.

Request a Free New Westminster Annuity Quote

Click here to get your free annuity quote no obligation, no pressure. Let us show you how your savings can work for you, safely and reliably.

For your peace of mind, you can verify John Beaton’s Canadian insurance license credentials, by searching herefor John Beaton at B.C. Insurance Council, under life and accident and sickness.

Contact John Beaton at Beaton Annuity Services:

• Email: john@annuitybrokers.ca
• Phone (Lower Mainland BC): 604-535-2404
• Toll-Free: 1-800-667-8818