Summerlin Benefits Consulting Q&AAnswer
Oct 18, 2024 - 09:33 AM
Annuities can be a beneficial strategy for retirement income, offering fixed, regular payments and protection against market fluctuations. Types like Fixed Indexed Annuities (FIAs) provide a reasonable return while safeguarding your principal. However, some annuities, such as variable annuities, carry higher risks. The choice depends on individual risk tolerance and retirement goals. Overall, they can help ensure financial security in retirement.
