Annuities For Dummies
Chapter One
Making Sense of Annuities
In This Chapter
* Introducing annuities: The big picture
* Deciding whether an annuity is right for you
* Checking out the nitty-gritty of annuities
Many people confidently walk the financial high wire of life without a
safety net. Others, especially those who are approaching retirement,
feel more secure when a net is there to catch them - just in case the tightrope
snaps.
If you prefer a financial safety net and you're willing to pay for one, then consider
an annuity. Put simply, annuities are investments with money-back
guarantees. Imagine a typical investment in stocks or bonds; then imagine
that same investment with a guarantee that you'll get your money back with
interest after (or over) a certain time period. That's an annuity.
Of course, annuities aren't quite that simple. Most annuity broch ... read full excerpt from Annuities For Dummies ebook
