
GIC vs. GUARANTEED LIFE INCOME (G.L.I.) PLAN
Who should consider the G.L.I. plan?
RETIREES/SENIORS WHO WANT:
- 50% more Guaranteed income than offered on GIC;
- Keep 50% more after-tax income than GIC (non-registered);
- Income fully guaranteed for life;
- Can't afford to lose capital (in the stock market);
- No stress even in turbulent times;
- Easy to understand, NO administration, NO fine print.
EXAMPLE:
| *Based on $50,000 Deposit |
GIC (3.5%) |
Guaranteed Life Income (G.L.I.) Plan 6.5% return |
| Monthly Income |
$145 |
$270 |
| Guaranteed Period |
5 year |
LIFE (minimum 25 years) |
| Taxable Amount |
$145 |
$108 |
*Male rates, age 65 E. & O. E.
Note: Insurance company G.L.I. plans guaranteed by Assuris up to $2,000 per month.
To receive your own FREE personalized GIC comparison, click here G.L.I. plan Quote