Imagine a few thousand consistently deposited into your account, every month for life!

Our guest received a letter reminding him this financial instrument he chose 5 years ago, came to fruition with a sweet four figure gain.

Listen to this episode to hear how to figure out if putting money in annuity is a smart move.

How much can you expect monthly? What are the range of riders involved? What's guaranteed and what's not? How does this financial instrument compare with buying a REIT, ETF or topping up your SRS?

 Michelle Martin finds out with Phillip Securities' Elijah Lee.