If you're looking for income in retirement and you have concerns that you might outlive your nest egg, an annuity can be a good option. Depending on the type of annuity you buy, you could tap into an.
Annuities are investment options that are typically best for older investors. For one thing, there's a 10% penalty for annuity withdrawals before age 59 ½, making them problematic for younger.
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