This film provides a professional explanation of the differences between deferred annuities and immediate annuities, and addresses common questions about deferred annuities as a savings life-insurance product. The programme features Mr. Liu, an investment and financial planning specialist from the AXA expert team, who explains practical considerations and evaluation points—covering product structure, contribution thresholds, eligibility criteria, returns and risks. It also demonstrates how a household with a monthly income of around HK$30,000 can plan for and assess suitability for a qualified deferred annuity plan, offering concrete scenario analyses and financial advice. The film aims to help viewers recognise longevity risk early, develop feasible retirement preparation strategies, safeguard quality of life in later years, and promote more rational long‑term financial planning and decision‑making.