Today, it is a fact that the number one worry of retirees is that of running out of money. Whether it is due to poor market conditions, historically low interest rates, not saving enough over time, or a combination of all – people today are extremely stressed about running out of retirement income before they run out of time.

 

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Below is a breakdown of how annuities are used as retirement vehicles. There are thousands of annuities, so not every size fits all!