Category Products
Target-Date Funds I
Target-Date Funds Target-Date funds have a lot to offer. They are supposed to be a “single decision” fund and completely maintenance free. Once you selected your target retirement date, then just choose the Target-Date fund closest to that date and you are set until retirement. Life-time income funds are the complementary “single decision” funds that […]
Structured products: BMO Life Stage Retirement Income Portfolios
Structured products: BMO Life Stage Retirement Income Portfolios Background In the January 24, 2011 Hot Off the Web blog I mentioned a new product from BMO, which I described as fitting into the category of products of expensive and opaque nature, the “BMO Life Stage Retirement Income Portfolios” . At the time, I also had […]
Structured products I
Structured Products I In my September 30, 2007 Hot Off the Web, I mentioned John Authers of the Financial Times in “Structured vehicles may be way forward” discussing how, in the wake of the relatively poor recent performance of hedge funds and private equity, the emphasis may be shifting away from hedging to guarantees in […]
Universal life
Universal Life Insurance: Are there tax advantages? YES; is it advantageous for your wealth? UNLIKELY! (Originally published October 27, 2008) What is a Universal Life Policy? It is a combination of term insurance and an investment vehicle which is tax-deferred to the investor or even tax-free on death to the beneficiary of the estate. Situation […]
Vanguard GLWB vs. other decumulation strategies
Vanguard’s GLWB: Credit to Vanguard for delivering on the promise (Originally posted November 7, 2011 and re-hosted in March 2012) In a nutshell Vanguard’s GLWB finally meets the promise of the value inherent in GLWB/GMWB-like strategies. We can only hope that Vanguard will also offer this product eventually in Canada. Vanguard’s GLWB is a great compromise […]
Life settlements
Life Settlements (Beware!) We have discussed previously reverse mortgages as a source of expensive money that an individual could tap to enhance their income in retirement. An even more expensive source of funds (or risky investment vehicle for an investor) is a life or seniors settlement. Viatical settlements, precursor product, were focused at people whose […]
Reverse Mortgage
Reverse Mortgage The following should be considered only an introduction to reverse mortgages. I have no personal experience with them, but if after reading this you still think that you want to explore this further, then you should get independent professional help to explore applicability to your specific circumstances and alternates to reverse mortgages. What […]
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