An annuity is a long-term investment that is issued by an insurance company and is designed to help protect you from the risk of outliving your income. Through annuitization, your purchase payments (what you contribute) are converted into periodic payments that can last for life.
In today’s episode of The Brand Called You, Manish Malhotra talks about finance and annuities. He also touches upon his experience working at CitiBank. He also talks about social security benefits and personal finance.