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(Bonus) Liz retired in 2019 after a long and successful career as a restaurant owner....

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(Bonus) Liz retired in 2019 after a long and successful career as a restaurant owner. She assured her husband Robert that her retirement income would be more than enough for both of them. Robert's career as a black-metal shred guitarist had provided no retirement income other than the OAS. Assume Liz is considering purchasing an annuity with her RRSP money, with the aim of protecting the family against the risk of her dying prematurely. Among the following retirement income investment options, which one would be the best one? O Not enough information a joint and last survivor annuity a savings account with monthly payments a Canada Savings Bond with annual interest payments a straight life annuity

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