This gallery contains 2 photos.
In a nutshell In this blog I address the “annuity or lump sum?” and the “if, when and how much to annuitize?” questions with a discussion of the pros, cons and other qualitative considerations that go into this very personal … Continue reading
Despite the recent story about one of the Facebook founders giving up his US citizenship to move to Singapore for tax reasons, according to Robert Keats, in his latest book, he suggests that for Canadians in search of a tax … Continue reading
This gallery contains 2 photos.
In a Nutshell Risk is unavoidable; it is part of life. There are known, unknown and unknowable risks. The best we can hope for is to undertake the pursuit of risk management, in order to minimize the impact to the … Continue reading
This gallery contains 1 photos.
Adding a pure longevity insurance payout option to the CPP would go a long way to ease the pain of private sector employees with disappearing pensions. This blog adds some meat to the proposal I mentioned in last week’s PRPP or expanded CPP? … Continue reading
There were a number of recent articles indicating that insurance companies are exiting the GMWB business. The latest in the past week were MSN Canada’s “Insurers back away from “income for life” products”, Benefit Canada’s “Say goodbye to GMWB as you knew it” and … Continue reading
Last week I received the following question on GMWBs (Guaranteed Minimum Withdrawal Benefit insurance products) that I discussed in earlier blogs. Question: “GMWB discussions. Time to update your conclusions. Outdated pre-2008 markets. Inflation numbers of 3%, GIC numbers of 5%? … Continue reading
This gallery contains 6 photos.
Long-Term Care Insurance (LTCI) II- Musings on the Affordability, Need and Value: A (More) Quantitative View (Originally posted September 2009, re-hosted in March 2012) Last January in Long-Term Care Insurance- An OverviewI looked at LTCI policies. I promised at the time … Continue reading
This gallery contains 1 photos.
Long- term Care Insurance (LTCI- I) (Originally posted in January 2009, re-hosted in March 2012) A couple of months ago a reader asked what I thought about LTCIs. Not being well versed on the subject I started reading about them … Continue reading
This gallery contains 5 photos.
GMWB II- Guaranteed Minimum Withdrawal Benefit II This is a follow-up to the GMWB I blog of a few weeks ago, where I also described the characteristics of typical GMWB products. Here I will compare various decumulation options with the … Continue reading
This gallery contains 2 photos.
GMWB I – Guaranteed Minimum Withdrawal Benefit (Preliminary) I have received questions about Guaranteed Minimum Withdrawal Benefit (GMWB) products from a number of individuals. So this is the first of a couple of in-depth blogs on the subject. (Follow-up … Continue reading
