RRIF, Annuity, or Reverse Mortgage: What Fits You?
Short Answer: A RRIF keeps you in the driver’s seat with flexible, self-managed withdrawals. An annuity trades that control for a guaranteed paycheque for life. A reverse mortgage lets you unlock cash from your home without selling it, but it eats into the equity you leave behind. None of the three is automatically “best.” The … Read more
