Planning for your retirement is one of the most important steps in an individual's life. That's because investing is an essential part of protecting yourself and the ones you love for years to come.
Our Co-operators Financial Advisors are nationwide, so there is a local Financial Advisor in your neighbourhood to answer any questions you might have about an annuity in Sydney and more.
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Are you interested in understanding the difference between a fixed annuity and a variable annuity? A fixed annuity allows you to receive regular payments after a certain period of time. With a variable annuity, however, payments can vary depending on how the underlying portfolio performs. If you’re unsure which solution will work best for you, don’t hesitate to contact our network of expert advisors in Sydney. We’ve been helping Canadians prepare for the future for more than 70 years through investments including annuities, RRSPs, TFSAs, and more.
Whether it's a fixed annuity or a variable annuity in Sydney, an annuity can become a vital income source following retirement, as they are essentially a contract made with a financial institution that provides you with a series of payments following retirement. Depending upon your needs, the lump sum benefit amount of this critical illness insurance coverage can range from $25, 000 to $2, 000, 000. Today, talk to someone who can help, your local Co-operators Financial Advisor.
Single Life Annuity, Joint and Last Survivor Life Annuity and Life Annuity with a Guarantee are the options available. The Single Life Annuity is for individual investors without dependents; Last Survivor and the Joint Life Annuity in Sydney are especially for couples; and the Life Annuity with a Guarantee option is suitable for practically everybody.
Sydney has a public annuity policy system that provides a minimum level of mandatory coverage to vehicle owners when they purchase license plates.