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Annuities as Income

Thursday, October 10th, 2013 and is filed under Retirement Income Annuities, Uncategorized

If you are thinking about retirement, about to retire, or you’re retired and are concerned about your future finances, let me ask you a question. Suppose your rich uncle just passed away and in his will he gave you the option of receiving your inheritance as a lump sum or in the form of guaranteed lifetime income. Further, the lifetime income came with the ability to withdraw money from the account for economic emergencies and the ability to leave the undistributed inheritance to your beneficiaries should you pass away anytime soon. Which option would you take? Read More