Don't let the complexity of annuities as a way to increase retirement income scare you off. Social Security and pensions use annuities to provide lifetime income. #shorts #annuityinvestment #annuities #annuity #retirementincomeplanning... ( read more )
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Is Social Security actually an annuity? This is a common question that arises in discussions about retirement income and financial planning. To understand the answer, let's first define what an annuity is. An annuity is a financial product that provides a regular stream of income over a specific period or for life. It is usually purchased from an insurance company, and the income payments can start immediately or be deferred until a later date. An annuity is typically used as a tool to supplement one's retirement savin
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 :)