Answer
Nov 13, 2024 - 09:53 AM
Annuities can provide retirees with a stable income stream for life, regardless of how long they live. By offering fixed, regular payments, annuities, particularly Fixed Indexed Annuities (FIAs), help protect against market downturns while ensuring principal protection and potential for growth. This makes them an effective tool for mitigating the risk of outliving savings, offering peace of mind and financial security in retirement