Prescribed Annuities
Income for Life
Pay Less Tax


“Rino has been an excellent and reliable resource for annuity and other insurance products.”

Gail Bebee
Toronto, ON
Canada’s Independent Voice on Personal Finance
Author of “No Hype the Straight Goods on Investing Your Money”

“Rino and I go back a long time. Years ago he helped my husband with some good financial advice, and when now in retirement I also needed help related to annuities of course I called Rino. He was most helpful and I now have an annuity which will serve me well into the future. Rino has considerable experience in his field which means that what he recommends will always fit the requirements of any client, and he is always willing to meet any time or place. It is good for me to know that Rino is there to ask advice in any future financial situation.”

Helen Landrigan
Scarborough, ON

“Rino always met with me at my home at a convenient time. He took time to understand my needs and concerns, and future financial planning and offered me sensible options. Rino reviewed my existing investments and advised on how best to optimize on them. I never felt rushed into any decision and Rino respected my lack of knowledge and spent time explaining every detail so that I always felt comfortably in control regarding my financial future.”

Pamela Nash
Toronto, ON

“I found Rino`s services prompt and professional. He answered my questions about an annuity for my son in a clear and concise way, followed by actual numbers and an explanation of choices which enabled me to make the most suitable decision.”

Dieter Claus
Port Coquitlam, B.C

“I became acquainted with Rino through his excellent annuity articles in Canadian Money Saver Magazine. I decided to purchase a prescribed annuity with a portion of my retirement savings in order to provide me and my wife with a guaranteed income for life. I contacted Rino and he listened to our needs and offered his expert advice. He then shopped the market for the best annuity rate with a top insurance company. The whole process was completed over the phone and by mail. Rino also followed up with us to ensure we were satisfied. “
“I would recommend Rino to anyone considering an annuity purchase.”

Michael Pohanka
Kelowna B.C

“Rino helped us in getting the best rate for our annuity. He is very personable and acts professionally. We highly recommend him!”

Thalia & Wayne C.
Richmond Hill, Ontario

“Rino I read your article in Canadian Money Saver Magazine on the topic of Insured Annuities. It attracted my attention enough to do some further research. If one is trying to find a better alternative to GIC’s for a portion of their investments, then Insured Annuities provide a very good option. I also approached 3 other agents and you provided the lowest quote on the life insurance portion of the package.”

Cambridge, Ontario

“I was very satisfied with Rino’s services and would give him top rating. I found him through information he provided on a number of occassions to the Globe & Mail ROB and his on-line videos and articles about annuities for Money Saver magazine. I found him to be honest, straight forward, helpful and not too pushy. Rino took the time to understand my point of view and requirements and ensure that I understood the benefits and drawbacks of annuitizing some of my registered retirement funds. He made suggestions as to how to structure the annuity and which provider made sense for me as my funds came from two registered sources. Because of his suggestions, his quotes were better than two bank sources which I also consulted who clearly had little interest in annuities. He was always prompt in answering my questions and explaining the process.”

Dawn P.
Toronto, ON

“Purchasing an annuity was for my long-term planning to secure a long-term revenue to compensate my other sources of income. Rino Racanelli has been outstanding. His services are extremely professional. I will go back to him for future plans.”

Dr. Ghislain B.
Vancouver, British Columbia

"We purchased annuities for two reasons. A superior rate of return and a fixed income flow for life which fit in with our overall financial goals. Rino is a professional in every way. His knowledge and communication is excellent. His honesty and integrity throughout the process was exemplary.”

Calgary, Alberta

“We purchased an annuity with some of our retirement savings in order to have a guaranteed income stream. For those of us without a defined benefit pension plan, this is a helpful piece of the retirement puzzle. It gives us the security of a bas income, allowing us more freedom with the remainder of our investments.
After failing to find a responsive local source to purchase an annuity, we were very happy to connect with We found Rino and his staff to be well informed, accessible and attentive. We particularly valued their communication skills and felt that all our questions were enthusiastically welcomed. We may well add another annuity to our portfolio in the future, and would definitely work with Rino again.”

E.Q & D.A
Brockville, ON

“I decided to purchase an annuity as the security and peace of mind it provides. The annuity provides monthly payments that are set in stone and never change as long as I live and comes with a 10-year guarantee. Annuities are safe and secure and are not subject to the ups and downs of the market. Annuities are covered under the Canadian consumer protection agency called Assuris. Also, interest rates were at a historical high for annuities and prompted my decision to act now and lock in – I can never outlive my payments.
After extensive online research on annuities, I decided to request a free quote from Rino Racanelli’s website called Rino’s response was prompt and courteous and he provided me with the best rates available for my investment. He presented several quotes from several different providers and was quick to answer any questions and helped to put my mind at ease. Rino is low key, friendly, and factual who presented several options available to me with no pressure. Rino Racanelli has provided me with exemplary customer service and I would highly recommend him.”

D.M. Roy
Scarborough, ON

“Our situation is somewhat unique, in that we are both 62 years old, and 3 years ago, I was diagnosed with a blood cancer, called Multiple Myeloma. So, with that in mind, as with anyone, I don’t know my longevity, but am certain it is less than the average 62-year-old male, and high probability it is significantly lower.

Over these past 3 years, as I am a lot less active now, I have spent a significant portion of my winter months reading, studying, watching, and taking courses on financial planning. I have always had an interest in this area and had a good averag3e overall understanding going in and feel I have advanced that to some degree over the last 3 years.

We have talked about an annuity for a long time as part of our retirement income, and the benefit of peace of mind to have a defined benefit pension income to complement CPP and OAS. Where there is no risk and no stress related to market returns. In our opinion an Annuity provides this component.

We used approximately 30% of our RRSP value to purchase the annuity. Which I felt provides us with a nice, fixed income, with CPP and OAS, should all things go really bad, this will always cover our basic needs and cost of living.

We felt the timing was good, as we felt the quotes Rino was able to provide us with were as good as we have seen in a long time and exceeded my personal calculations & expectations.

In our situation, we had quite a large sum in our combined RRSP’s, should we both see 65. Our best strategy is to melt down our RRSP as a couple while keeping us both below OAS claw-back levels. This is advantageous in our situation, opposed to if we are a single person, to minimize the over all tax burden. This complimented that strategy to some degree.

But our number one reason, is my wife is very conservative, and this provides her peace of mind, as we took it in her name, with a 15-year guarantee, starting on her 70th birthday, so a long deferral till it starts. I don’t feel we risked the principle in any way, perhaps we risked some of the potential growth, bur again the trade of peace of mind was significant for us both.

I found Rino, through internet searches on the subject of Annuities. Eventually led me to his website, liked what I read, did a bit more research, and it became obvious that he has spent a lot of years dealing with Annuities and writing on this controversial subject. So, I reached out to him, and he started to provide quotes from several different providers. I do like the benefit a broker provides in it is quick, easy, convenient, unbiased, professional comparison shopping. Our overall experience with Rino went very well, it is about 2-3 months since we purchased the annuity and still feel very good about it and the whole experience.

The reason I feel this is a controversial subject, is you will get and hear so many different opinions on Annuities. Banks don’t like them, most don’t offer them, as banks try to preserve your capital as much as possible, which is their best interested to do so. And is ok if that is your personal priority also and your income needs for the lifestyle you want in retirement are achieved.

I know when I pass, my wife will go to our bank and work with retirement investment team. And I have told her, they will tell her, the Annuity was not a good move on our part. Regardless, I feel it is and so does my wife, again peace of mind, what is that work to a person!

Going to stop rambling, as I can get going on this topic, lol. In closing if in the market to consider an Annuity, I would personally recommend Rino to help educate, provide brokerage service and put in place. Thanks again and all the best.”

Foothills, Alberta