Lifetime Income Annuity: How does it work?

Lifetime Income Annuity: How does it work?

When it comes to retirement planning and making sure that you have enough retirement income in place, most people are relying too much on their Social Security payments. For all of you “annuity haters” out there, Social Security is the best inflation annuity on the planet…and every American owns one.

With over 10,000 baby boomers reaching retirement age every single day, most are realizing that they need more guaranteed income and are asking the question, “Are lifetime annuities a good idea?” The answer is maybe, but you need to at least be aware of lifetime income annuity pros and cons […]

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