Retirement Planning Project

Members Login
Post Info TOPIC: Should I buy an annuity?


Billy

Status: Offline
Posts: 98
Date:
Should I buy an annuity?
Permalink  
 


or other guaranteed income plan



__________________


Billy

Status: Offline
Posts: 98
Date:
Permalink  
 

Generally speaking, it is always a good idea to have a certain amount of guaranteed income to meet your essential expenditure. Therefore, crisis or not an annuity is a good idea for some or all of your pension pot.

But timing is essential at the moment annuity rates at rock bottom because interest rates have been cut to close to zero.

Also, be aware of the double whammy; low fund values and low annuity rates.



__________________
Page 1 of 1  sorted by
 
Quick Reply

Please log in to post quick replies.