The financial advice we'd give to Barbie
Money Clinic with Claer Barrett
00:00
How to Securing a Guaranteed Income for Barbie
I think she's not unusual in having had a later life surge in wealth or boost. You can start thinking about securing a guaranteed income that gives a peace of mind for her future by buying an annuity. Annuities haven't been sexy for a long, long time but they are now an option for people in retirement. She might want to steer clear of buying this type of guaranteed income from the insurer because you're going to get your money back in income for giving that cash sum upfront. It is an irreversible decision. And that means you've got to think very carefully about it. But on the other hand, we know Barbie's worried about dying. If there is a reason for
Transcript
Play full episode
