This guide aims to help you critically evaluate whether an annuity is right for you.
We’ve compiled a list of 12 essential questions to ask yourself and any financial advisor recommending an annuity.
These questions are designed to ensure that your best interests are at the forefront of any decision you make.
When planning for retirement, one option that might be presented to you is an annuity, a financial product designed to provide a steady income stream during your retirement years.
However, the complexity of annuities and the potential for high fees and restrictions mean that they might not always be the best choice for everyone. As you approach or enter retirement, making informed financial decisions becomes crucial.
