As retirement approaches, the focus shifts from creating your nest egg to turning it into actual income. But how can you spend more than your retirement savings? This is an important concern, especially when you’re looking at more than 30 years of retired life.
Withdrawing money from a retirement income fund or generating income through bonds and guaranteed investment certificates are all great ways to convert your savings into income. But they can all run out of money before you die. So how can you generate an income that’s guaranteed for life?
Here are five ways to get guaranteed income for […]
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