Is the guaranteed investment protection of seg funds for retirement worth the cost?

  • 📰 globeandmail
  • ⏱ Reading Time:
  • 34 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 17%
  • Publisher: 92%

Deutschland Nachrichten Nachrichten

Deutschland Neuesten Nachrichten,Deutschland Schlagzeilen

The added cost of security from insurance products leaves investors with less money invested to grow their portfolios to retirement, experts say

. Get exclusive investment industry news and insights, the week’s top headlines, and what you and your clients need to know.

Meanwhile, those going it alone without a workplace pension see paltry yields on guaranteed fixed income such as guaranteed investment certificates that are being swamped by inflation – pushing investors up the equity market risk-ladder for unpredictable dividend income. “Annuities can supplement other guaranteed income streams such as Old Age Security , Canada Pension Plan , or Quebec Pension Plan ,” Ms. Soo says.

David O’Leary, founder and principal at Kind Wealth in Toronto, and a former mutual fund analyst, warns the added cost of security from insurance products leaves investors with less money invested to grow their portfolios in retirement.

 

Vielen Dank für Ihren Kommentar.Ihr Kommentar wird nach Prüfung veröffentlicht.
Wir haben diese Nachrichten zusammengefasst, damit Sie sie schnell lesen können. Wenn Sie sich für die Nachrichten interessieren, können Sie den vollständigen Text hier lesen. Weiterlesen:

 /  🏆 5. in DE

Deutschland Neuesten Nachrichten, Deutschland Schlagzeilen

Similar News:Sie können auch ähnliche Nachrichten wie diese lesen, die wir aus anderen Nachrichtenquellen gesammelt haben.

Seven reasons the market is heading lower. Plus, ETFs to buy if you’re worried about inflationA roundup of investment ideas for active investors Sounds like the Globe just called the bottom 😂 Ldr ship c19=bust systems/Rites RU 2 continu printing $ Its already known JT announced in mid 2020 he would use 'c19 as an opportunity' 2 'shift' economy N. Amer is busting the 5 raw industrys under c19 + climate Hoax. farming mining forestry Oil/G Fishing trapping =Famine
Herkunft: globeandmail - 🏆 5. / 92 Weiterlesen »