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Anonymous
If have a choice, will you get it?
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Hariz Arthur Maloy
15 Apr 2019
Independent Financial Advisor at Promiseland Independent
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Absolutely. Annuities are an important puzzle piece in a retiree's portfolio. And they are usually better when purchased earlier.
There are many lifetime income annuities now that pay a % of your capital for life with 0 drawdown of your capital unlike CPF Life.
If you'd like a comparison, do let me know. There are single premium ones, regular premium ones, different payout schemes, etc.
I'll need to know what exactly you're looking for but I can show you all the products that are available in the market.