Financial expert and presenter of BBC Radio 4's Moneybox, Paul Lewis gives his tips on planning for retirement, talking about annuities.
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LEARN MORE ABOUT: Retirement Annuities
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Planning for Retirement: Annuities Retirement is a significant phase in everyone's life, where individuals can finally enjoy the fruits of their labor and relax after years of hard work. However, achieving a comfortable retirement requires careful planning and financial considerations. One tool that can play a crucial role in retirement planning is annuities. Annuities are financial products designed to provide a steady income stream during retirement. They are essentially a contract between an individual and an insurance company. In exchange for a lump-sum payment or a series of regular contributions, the insu...
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