Investing in Annuities: Understanding Retirement Income Streams

Investing in Annuities: Understanding Retirement Income Streams

Introduction to Annuities

Are you looking for a reliable source of income after your retirement? The answer lies in annuities.

An annuity is a contract between the financial institution and the insured to receive a consistent source of income for a stipulated period. It is highly preferred by many because it offers security and consistency of income. Invest your hard-earned money in an annuity and be benefitted from it in the long run. Types of Annuities In India, there are two primary annuity types: immediate and deferred. Immediate Annuities In the case of immediate annuities, You can receive income immediately […]

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