WHERE CAN I BUY AN ANNUITY IN VICTORIA
Victoria, BC is a dream retirement destination. With its mild climate, ocean views, and access to healthcare, it's no wonder many Canadians choose to retire here. But one key financial question remains, how do you turn savings into reliable income? Life annuities in Victoria can offer the peace of mind you need to enjoy your retirement with confidence.
If you’re 55 or older, a guaranteed annuity provides predictable income for life, shielding you from market volatility and outliving your savings. In Victoria, where financial security supports a relaxed lifestyle, annuities are a smart addition to your retirement strategy.
With many Victoria retirees living into their 80s and 90s, running out of money is a real concern. Guaranteed annuities provide:
- Guaranteed lifetime or specific limited term income
- Freedom from stock market risk
- No ongoing portfolio management
- Peace of mind for daily expenses
Use an annuity to cover essentials while preserving other savings for travel, hobbies, or family.
With help from annuity broker John Beaton, you can compare products designed to match your goals. Some options include:
- Life Annuities - guaranteed income for life, with optional spousal or guaranteed period benefits
- Term Certain Annuities - choose an income term that suits your circumstances
- Joint Life Annuities - continuous lifetime income for both spouses
Annuities are a major financial decision. As a licensed British Columbia annuity broker, John Beaton helps Victoria retirees find the best rates from top Canadian insurers, without sales pressure.
John offers:
- Access to multiple insurers for rate comparison
- Guidance with RRSPs, RRIFs, and non-registered funds
- Experience with Vancouver Island retirement planning
Whether you’re in Oak Bay, James Bay, or Saanich, John will help you plan with confidence.
For Victoria retirees, prescribed annuities offer low, level tax, consistent income from non-registered savings. John will also advise you on your registered annuities whether they are purchased with funds from RRSPs, RRIFs, or LIRAs. Please note that the income from registered annuities is fully taxable.
Life in Victoria should be about morning walks on Dallas Road or visiting Butchart Gardens, not worrying about investments. Life annuities in Victoria give you financial freedom and peace of mind.
Get a Free, no obligation Annuity Comparison Quote Here
If you’re curious about how much guaranteed income your savings could provide for your retirement, we are happy to prepare a free annuity market survey which compares the payouts of all major Canadian insurance companies. If you are able to invest $50,000 or more, we will show you how to turn it into regular, reliable income for life.
Get your free annuity quote by clicking here
Verify John Beaton's British Columbia insurance license credentials by clicking here
- Email john@annuitybrokers.ca
- Phone (Lower Mainland BC) 604-535-2404
- Toll-Free 1-800-667-8818
You will not be charged any fees from the broker or the insurance company you choose to do business with.
