The AFI GroupAnnuities have been a hot commodity in recent years but can sometimes get a bad reputation. While annuities aren’t for everyone, there are situations where annuities may be the best option available, especially as you near retirement. Here’s three situations where annuities may work best.
The AFI GroupHaving enough money to last through retirement is essential, and retirees have a variety of financial strategies to help them build the lifelong income they need. One such financial option is purchasing annuities. Yet, many myths exist about the annuities landscape, commonly confounding and dissuading people who could benefit from them.
The AFI GroupWhen you are planning for retirement, creating a strategy to receive ongoing income is an important way to help ensure you can maintain the quality of life you desire. Annuities can be a helpful tool for many investors, due to the ability to structure them for providing retirees with guaranteed income for the duration of their life.1 And having this dependable retirement income is a priority to many people.
The AFI GroupLife insurance policies and annuities can be a helpful tool for providing extra protection and income for yourself and your family. But, you can also receive deeper benefits thanks to certain tax advantages that each investment offers. Here are some common ways that life insurance and annuities provide you with tax benefits.