Should A Lifetime Annuity Be Part Of Your Retirement?

Plenty of retired people ask, “Should I buy a low-cost lifetime annuity through Vanguard?”

I explore the pros and cons.

Image By Pixabay

Find Out More

onlinetaxman free consultation - US expat taxes made easy

no one has more first hand experience helping expat investors

Andrew Hallam

I’m a financial columnist for Canada’s national paper, The Globe and Mail, as well as for AssetBuilder, a financial service firm based in Texas. I’m also the author of Millionaire Teacher: The Nine Rules of Wealth You Should Have Learned in School (2nd Ed. Wiley 2017) and The Global Expatriate’s Guide To Investing: From Millionaire Teacher to Millionaire Expat (Wiley 2015). My mission is to educate, motivate and inspire people on basic retirement planning and best practices for investing, using evidence-based strategies. I'm happy to comment on your questions. However, please read the Terms of Use, Privacy Policy and the Comments Policy.

You may also like...

1 Response

  1. Alan says:

    I am an expat Canadian living and working in Indonesia. I have a number of investments in Canada including RRSP’s and TFSA’s. I have not contributed to these accounts since I left Canada 2.5 years ago. I have been told by my investment advisor that my beneficiary designation (my wife) is no longer valid because I am living out of the country and I need to sign a document stating that my beneficiary needs to designated as my estate. Do you know if this is a requirement for all Canadian expats? My advisor says that the rules are dictated by the country in which you reside. I have been reluctant to change my beneficiary designation since I do not know what tax implications it will have for my wife.

Leave a Reply

For your privacy we strongly recommend you do not use your full real name. While your email address will not be published, it may reveal your photo or a recognizable image if it is associated with It is strongly suggested you do not use a corporate or ISP email address. Before your comment is published you will receive an email asking you to confirm your email address. Select "Notify me of follow-up comments via email" to receive notifications of replies and be able to adjust your subscription. Published comments will not be deleted.

By clicking "Post Comment" you confirm you have read and agree to the conditions on the Legal Page; including the Privacy Policy, the Cookie Policy, and the Comments Policy.  We reserve the right to not publish comments that do not meet guidelines.