Annuities are a must-have or a must-avoid for many people when planning their retirement. However, one of the biggest issues for most is that they're uninformed about using.
Annuities can provide retirees with a guaranteed stream of income, but choosing the right type is key to making the most of these products. Making the selection requires learning about the major features of the types of annuities most popular for retirement planning. It's also essential to get an understanding your own needs for financial […] The post Best Types of Annuities for Retirement appeared first on SmartReads by SmartAsset.
Retirement plans such as 401(k)s and IRAs are often invested in stocks and bonds, which grow wealth over time. However, financial experts suggest you also want to be sure that annuities are part of.
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