Money and Me: Get a monthly payout for life from age 42?

Published on 5 May 2026
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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.

See omnystudio.com/listener for privacy information.

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