Guide to Purchasing an Annuity for Lifelong Passive Income

Reported 3 days ago

An annuity can provide a reliable income stream during retirement, ensuring you won't outlive your savings. To buy an annuity, start by evaluating your financial goals, researching suitable types such as fixed, variable, or indexed annuities, and choose a reputable provider. The purchase process involves submitting an application and funding the annuity through various means. It's crucial to understand the complexities and fees involved to ensure it aligns with your financial needs.

Source: YAHOO

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