Summerlin Benefits Consulting Q&AAnswer
Oct 18, 2024 - 09:50 AM
Annuities can be a valuable addition to your retirement plan by providing guaranteed, fixed income for life. They help protect your principal from market risks, especially with options like Fixed Indexed Annuities (FIAs), which offer a balance between safety and a reasonable return. Depending on the type of annuity, you can customize your payout structure, including income riders and long-term care benefits, to suit your income strategy, reducing the risk of outliving your savings.
