How to Choose the Right Annuity Plan

HOW TO CHOOSE THE RIGHT ANNUITY PLAN Prepared by Advisor World

TODAY'S DISCUSSION FEATURES TO LOOK OUT FOR WHILE CHOOSING AN ANNUITY PLAN

THINK ABOUT THIS

In investing, what is comfortable is rarely profitable.

UNDERSTANDING ANNUITY PLANS RETIREMENT PLANNING HELPS YOU LIVE A FINANCIALLY INDEPENDENT LIFE DURING YOUR GOLDEN YEARS. WITH NUMEROUS RETIREMENT SCHEMES AVAILABLE IN THE MARKET, CHOOSING THE BEST PLAN THAT OFFERS REGULAR AND GUARANTEED INCOME MAY BECOME A CUMBERSOME TASK.

Different Types Of Annuity schemes come with varied features and benefits. You may consider these four features while selecting an annuity scheme.

SAFETY Important to choose a plan that offers a high level of safety.

Ensure that the company is in a good position to meet its liabilities.

You may also take into consideration changing factors such as increasing rate of inflation and decreasing rate of interest, besides others.

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RETURNS The main aim of investing in annuities is to receive high returns to meet your financial needs after retirement.

Choose a plan that offers good returns and takes into consideration the possible increase in the rate of inflation in the future.

HEADING1-A VARIABILITY Variable annuity schemes, offer variable returns based on the market conditions and performance of the assets.

Based on your risk appetite, you may evaluate both options and make the right choice.

COVERAGE In order to maximize coverage, you may choose a plan that secures the life of both you and your partner.

This will help your family members meet their financial needs even in your absence.

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