Answer
Oct 23, 2024 - 03:44 PM
An annuity might be the right choice for you if you're looking for a reliable stream of income in retirement, prefer a low-risk option to protect your savings, or want tax-deferred growth on your investments. It’s particularly suitable if you’re concerned about market volatility and want to ensure a stable income over time. However, the decision depends on your financial goals, risk tolerance, and retirement timeline. Consulting a financial advisor can help determine if an annuity fits your specific needs.