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Choices Abound for Today's Retiree |
At first • Think about your retirement date. • determine whether you're on track to set aside enough money • Identify your potential sources of retirement income. • Variable annuities provide for tax-deferred investment growth and are often used by retirees to supplement other sources of income such as Social Security and pension plans. • The soon-to-retire Baby Boom generation is expected to fuel growth of the variable annuity market in the coming years. • Annuity holders can select from a variety of options for an additional fee. • annuities offer "living benefits" • Your financial advisor can explain the many ways in which a variable annuity can be put to use to meet specific financial needs.
Remember :
• Decide whether it is worthy to buy an annuity by making a single purchase or a series of payments. • Read the documents before signing any contract • If you're still uncomfortable about making a decision contact your advisor
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