Our daily roundup of retirement news your clients may be thinking about.
If you understand the cons, annuities can have a lot of pros Annuities are a good retirement investment option as these products provide an income stream for living expenses above those that can be paid using pensions or Social Security benefits, according to an expert. However, clients give up access to their money when they buy these products, so they are advised to use only a portion of their retirement savings to buy an annuity. Brush up on the other disadvantages of using the annuity strategy as part of retirement planning. --USA Today
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