184- How Annuities Fit Into Your Retirement Strategy
Today's retirees are facing a substantial challenge, having retirement income that lasts as long as they do. With a continuing increase in lifespans, the time spent in retirement can be lengthy. This is why a diverse retirement plan is essential to ensuring you have the savings you need to live a long life. Annuity products are great tools to help generate the income Americans need to fund their spending as they age, but are often misunderstood and misrepresented in the financial media.
In a recent episode of Getting Money Right, we discuss how annuities, as well as other investment products, fit into the overall strategy of retirement planning.
The FinancialVerse: Today’s Annuity Products - A Tool to Create Protected Lifetime Income explores the many benefits of annuities and how they can help protect you from outliving your money. Learn about the different types of annuities, what to keep in mind when purchasing the product and get answer to key questions.