If you’re eyeing retirement without an employer’s pension – maybe you’re self-employed or your company benefits don’t include a pension plan – you still have options for a guaranteed monthly income.
Guaranteed products through insurance companies are similar to an annuity in that they provide a guaranteed monthly amount through retirement, regardless of market volatility. But unlike annuities, the investment is available should you need to access it, says Apryl Case, a Financial Advisor with 100 Mile House’s Lifecycle Financial.
A minimum investment is needed, with the amount varying according to company, and that investment can be added to over time.
“If I want to receive $500 per month in retirement, then I need to invest ‘X’ amount to achieve that,” Case explains. “Because that amount is guaranteed, no matter what happens in the markets, it offers clients peace of mind, as one component of a comprehensive financial plan.”
Creating a financial plan unique to your needs
Born and raised in the 100 Mile House area, Apryl Case came to the financial industry after first training and working as a chef in Alberta.
“I fell in love with financial planning and the more I learned, the more I wanted to know,” she says. “I enjoy the challenge – every day is different and every client is different, and creating a financial plan that meets their unique needs is so rewarding.”
Returning to the Cariboo and joining Lifecycle Financial five years ago, Case is today a Financial Advisor with Investia Financial Services, and is licensed in both Mutual Funds and Life and Accident & Sickness Insurance. Last year she completed her Branch Manager’s training and is currently earning her Certified Financial Planning designation.
She also enjoys the mentorship of Judy Simkins, Lifecycle’s owner and Financial Advisor, whose decades of experience complements Case’s own ongoing education.
Outside the office, Case is an active volunteer with the local Ducks Unlimited Canada chapter and spends her free time reading, gardening, travelling with husband Justin, and spending time with their family and two dogs.
About Lifecycle Financial
Supported by a full team of financial professionals, Lifecycle Financial is led by Judy Simkins and Branch Manager Dave Simkins, who together strive to see every client realize their financial dreams. From saving for a new home to planning for your retirement, experience and resources go a long way to meeting your needs.