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Annuity for Retirement

South African retirement reality, 6% Retire comfortable at age 65. 36% Continue working beyond 65. 47% Depend on family and friends to survive. 16% No support Video by Sanlam... ( read more ) LEARN MORE ABOUT: Retirement Annuities REVEALED: How To Invest During Inflation HOW TO INVEST IN GOLD: Gold IRA Investing HOW TO INVEST IN SILVER: Silver IRA Investing Retirement Annuity: A Comprehensive Guide Retirement is inevitable, and planning for it is essential. Retirement annuities play an essential role in any individual's retirement plan . A retirement annuity is a contract between an individual and an insurance company, whereby the individual pays a sum of money in exchange for income payments at a later stage or upon retirement. In this article, we will discuss everything you need to know about retirement annuities. Types of Retirement Annuities There are two types of retirement annuities - immediate and deferred. An immediate annuity is where