Retirement planning 101: Why you shouldn’t shun annuities - explained
Retirement planning 101: Why you shouldn’t shun annuities - explained
Retirees seeking financial stability should consider annuities, which offer a guaranteed lifelong income stream, unlike volatile market-linked investments. While not offering high returns, annuities provide crucial longevity protection and psychological comfort, ensuring essential expenses are covered without the fear of outliving savings. Experts recommend allocating 25-30% of a retirement corpus to annuities for a balanced portfolio.
Retirees seeking financial stability should consider annuities, which offer a guaranteed lifelong income stream, unlike volatile market-linked investments. While not offering high returns, annuities provide crucial longevity protection and psychological comfort, ensuring essential expenses are covered without the fear of outliving savings. Experts recommend allocating 25-30% of a retirement corpus to annuities for a balanced portfolio.
Retirees seeking financial stability should consider annuities, which offer a guaranteed lifelong income stream, unlike volatile market-linked investments. While not offering high returns, annuities provide crucial longevity protection and psychological comfort, ensuring essential expenses are covered without the fear of outliving savings. Experts recommend allocating 25-30% of a retirement corpus to annuities for a balanced portfolio. 
