Authors Instincts » market http://authorsinstincts.com Listen to your inner article writer. Sun, 05 Feb 2012 11:27:37 +0000 en hourly 1 http://wordpress.org/?v=3.3.1 Is There Really a Need for an Annuity? http://authorsinstincts.com/is-there-really-a-need-for-an-annuity/ http://authorsinstincts.com/is-there-really-a-need-for-an-annuity/#comments Mon, 31 Aug 2009 22:44:38 +0000 Peter http://thekeywordacademy.com/coaching/articles/?p=54280 The future is always worth planning for. People have limitations. At a certain point in everyone’s life, they would have to retire. But retired person does not make him useless. Well, that is if he had planned for that day. An annuity is usually obtained specifically to cater the needs to most retirees. That is [...] No related posts. Related posts brought to you by Yet Another Related Posts Plugin.]]> The future is always worth planning for. People have limitations. At a certain point in everyone’s life, they would have to retire. But retired person does not make him useless. Well, that is if he had planned for that day. An annuity is usually obtained specifically to cater the needs to most retirees. That is because in an annuity, no taxes are charged until the money is withdrawn and you can track the buildup with live stock market software. There are two types of annuity: immediate and deferred. Which one do you need?

If you think that you do not need an annuity or any other kind of investment, you are in a grave mistake. There is always the need to plan for the future. And with that, you would need an annuity. An immediate annuity would earn you money right away. But if your objective is to save for the future, this is not the best choice. You might end up squandering all of the money prior to your retirement. A deferred annuity is one which is accumulative in nature. The money you earn will just accumulate until the time when you would need it arrives. Thus, if you are planning for your future, this is exactly what you need.

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