Retiree Seeking Safe Investment with Growth Potential
She wants the potential for growth but is also cautious about market volatility, especially now that she’s living on a fixed income. Linda is particularly interested in investments that provide both protection and guaranteed returns.
Broker's Advice:
The broker recommended segregated funds, which are insurance-backed investments that offer both growth potential and protection of capital. The broker explained that Linda could choose between conservative or balanced fund options, while also benefiting from a segregated fund's reset feature that locks in investment growth, increasing the value of death and maturity guarantees. This ensures that even if the fund's value later declines, your guarantees are based on the higher, reset amount, protecting more for beneficiaries or at maturity.
Why the Client Followed the Guidance:
Linda liked the idea of segregated funds because they combine investment growth with protection. The death benefit and maturity guarantees made her feel comfortable investing, knowing that her principal would be safeguarded for her beneficiaries or herself in the future.
Key Takeaways
Outcome:
Linda invested in segregated funds, gaining both financial growth potential and the security she wanted for her retirement savings.
Client Scenario
Linda, a 65-year-old retiree, is looking for a way to invest her savings while preserving capital.
Sit amet consectetur adipiscing elit donec massa elit risus, ut dictum elit arcu amet Odio feugiat sem faucibus facilisi gravida
Follow Us
Peace of Mind Is Steps Away
Get Your Quote Today
