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How to get a guaranteed income for life - annuities explained

Making Money

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Understanding Annuities for Retirement Security

This chapter explores the intricacies of annuities and their role in providing a guaranteed income during retirement. It covers various types of annuities, including fixed term and lifetime options, along with their benefits, risks, and the importance of careful financial planning. The discussion also addresses fee structures, consumer protections, and the implications of health on annuity rates, ensuring listeners are informed for their retirement decisions.

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