The Annuity Strategy That Can Help Boost Your Retirement Income
December 10, 2024 by Daniel Feininger
There are so many different options when considering the resources available to help you get over the hump of retirement. The task of leaving the workforce is essentially one of replacing income. Rather than working to earn a salary, your money will do this for you. Saving for retirement is an effort at amassing enough capital to generate a target payout figure that gives you the money you need in your later years without having to work. Some people choose to work later, or take on part time work in retirement as a means of adding to their financial reserves or as a kind of paid hobby, but that’s a personal choice somewhat beyond the scope of retirement planning (which generally seeks to create the conditions to allow you to give up work entirely).
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Wink’s Moore on the Market: A pro-annuity article from MSN?
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