When it comes to retirement planning, there are many different options you can take a look at and consider as your plan for retirement. However, once you’ve begun researching for the right fit, it can get difficult to decipher all the differences, as well as weigh the pro’s and con’s of each. Our goal at Income For Life is to make planning for retirement an easy process. From deciding what plan will work best for you, to keeping track of your investments, we aim to set you up for retirement with ease. With all of that said, we’re going to lay out all the differences in one type of retirement plan known as annuities. We’ll break down the basics of annuities, as well as explain the different types and their different ways of functioning.
If you’re considering planning for retirement, we recommend thinking over the benefits of annuities, and if you should have any questions, contact a certified financial planner at Income For Life. Stay tuned to our next blog for more information on annuities.