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Which recommendation would be most suitable for a 40-year old client whose main objective is retirement income and preservation of capital?
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Which recommendation would be most suitable for a 40-year old client whose main objective is retirement income and preservation of capital?

User Reini
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1 Answer

3 votes

Answer:

fixed deferred annuity

Step-by-step explanation:

The best recommendation for such an individual would be a fixed deferred annuity. This is a form of investment in which your money is locked in a guaranteed interest rate for an initial period of time, after which the interest rates may fluctuate but you are still guaranteed a minimum rate, regardless of the market conditions. This provides you an income on your capital while still maintaining your initial capital investment safe.

User Alicederyn
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