By Walter UpDegrave – Money – March 29, 2018

WHAT'S YOUR PLAN FOR RETIREMENT? - PUZZLE CONCEPTPeople have long been conflicted about annuities. On one hand, they like the guaranteed lifetime income that only these insurance products can provide retirees, but they don’t like giving up access to their savings. 

They can easily resolve the conflict by giving up control of a modest portion of their nest egg – say, 20% to 30% – and investing in an annuity to receive steady income they won’t outlive.

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