Summerlin Benefits Consulting Q&AAnswer
Nov 13, 2024 - 09:54 AM
Annuities can complement other retirement income sources like Social Security by providing predictable, guaranteed income streams. They can help bridge any income gaps, especially when Social Security alone is not enough to cover retirement expenses. Fixed Indexed Annuities (FIAs) offer protection for your principal and a reasonable rate of return, making them a reliable option. Combining annuities with Social Security ensures a stable income throughout retirement, while minimizing risk and market volatility.
