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Investing Insights
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Is an Income Annuity the Right Fit?
Spencer: Investors need to ask themselves questions such as, how much do I value income stability? Does that really matter to me? Do I need a higher guaranteed income floor on top of social security? Would I really get a lot of value from that? How important is optionality? Do I want to change my mind potentially later on? The different type of annuities, there's a lot of trade-offs with them.
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