Answer
Oct 18, 2024 - 09:38 AM
Annuities can significantly enhance your retirement income strategy by providing regular, predictable payments. They help protect against market fluctuations, especially Fixed Indexed Annuities, which can offer both growth potential and principal protection. This stability can ensure you maintain your lifestyle in retirement and can be tailored with additional benefits like income riders and long-term care options. Overall, incorporating annuities can create a balanced approach to your retirement planning by addressing both risk and income needs.