Understanding your retirement options can be confusing. In this video, I look at the annuity option. To read more about this, go to ... ( read more )
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Retirement can be a stressful time for many, as it marks a momentous shift in life. Many people are unsure of what their retirement options are and what the best choice may be for them. One option to consider is an annuity. An annuity is a contract between an individual and an insurance company. The individual pays a lump sum of money up front, and the insurance company agrees to pay the individual a fixed amount of money over a period of time. Annuities can be structured to provide either a fixed amount of money for the rest of the individual’s life, or a set amount of money for a certain number of years. Annuities are a great way to
Timothy Sumer is a philanthropist and motivational speaker empowering young entrepreneurs across the nation. He speaks on starting new businesses and the importance of branding in the digital age. Timothy Sumer has a BA in Accounting from NYU and a Masters in Information Technology from MIT. Tim enjoys traveling around the globe, driving exotic sports cars, molecular gastronomy, exploring new cultures, and keeping on top of the latest technology trends. Hope you enjoy Timothy Sumer's page :)