For people in their fifties, it’s never too early to think about a retirement financial plan. Even if you are starting a bit late in the game, now is an excellent time to catch up on planning.
However, so many investment, fixed-income, and insurance products are on the market. Like other investors, you may find it challenging to create strategies that meet your needs for safety and income.
Of the many options, annuities may be on your radar, but you may have heard bad things about them too. How can you judge if they are right for your financial situation?
To get started, learn about some scenarios where annuities can help people achieve their retirement money goals. Here are some things to consider when you are thinking of buying an annuity.
