Safe Money Advisor, Tracie Lampson shares the difference between pensions and annuities HOUSTON — Needing guaranteed income after the "mailbox" money stops? Since social security was designed to only replace about a 1/3 of our income and fewer and fewer companies offer pensions any longer, so the burden of creating income streams falls on us. With all the uncertainty in the market and world today; inflation, a possible recession and no end in sight, we have seen a higher demand for a guaranteed paycheck for life programs.
Those within 5 years of retirement who are dependent on their 401ks and […]
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