20 Financial Considerations for Retirement
16. Consider Buying Income
Buying income in the form of an annuity that will provide a steady income stream over one’s retired years is a financial consideration for many people. Not everyone will have sufficient funds to do so, but annuities provide a steady income stream over the retired years. Most people will want to seek out an annuity that has a high rating when it comes to financial stability and overall low overhead and expenses for the retired years. Annuities that are run by insurance companies are popular in the United States, but there are a wide variety for consumers to pick from when making the decision on which one will work best for their given situation.
