Did you know there are studies that indicate health declines with retirement, and thus health costs increase. “For many people, retirement is a key reward for decades of daily work—a time to relax, explore, and have fun unburdened by the daily grind. For others,...
This week’s article tells us that “Annuities play an important role in retirement planning by helping individuals guard against outliving their assets. In the most general sense, an annuity is an agreement for an entity (generally a life insurance company) to pay...
“An annuity serves as a complement to other retirement income sources, such as Social Security and pension plans.” One of the reasons is because “all the money you invest compounds year after year without any tax bill from Uncle Sam. That ability to keep every dollar...
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