Retirement annuities ( RAs) are effectively forced savings accounts You are contractually bound until you are at least 55 when you are allowed to cash them in. ( actually you can only cash in 1/3 rd of your money) and the rest you have to ( by law) reinvest in a living annuity/pension. RAs also approximately keep up with inflation - my advise os if you want to save, then rather open a savings account, at least you will have access to your funds if you need them . Buy to let property investment functions like this, you buy a property with somebody else's money (the bank's money) and install a tenant who pays off your property for you. Where else can you invest entirely with other people's money???? #propertyinvestment #pension #retirementplanning... ( read more )
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RA (Retire
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 :)