If there’s one thing countless workers fear, it’s running out of money in retirement . Even if you’ve saved well, you never know when a market downturn or series of unfortunate circumstances might cause you to deplete your nest egg prematurely. If only there were a way to guarantee income for the rest of your life.
Well, there is, and it’s called an annuity . An annuity is a contract between you and an insurance company. In exchange for an up-front sum of money, you get a guaranteed income stream for life, starting either right away or at some point […]
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