Annuities - Variable Annuity Myths:Find A Financial Planner

[healtc50]

If a person is looking strictly at living off their retirement nest egg for income to compliment their social security benefits why not look at an insured investment like a VA that still allows me to be in the market but guarantee no declines in my income benefit even if my overlying portfolio goes down. Then when I retire I can trigger income from my annuity that doesn't rely on market performance to make sure I don't out live it. This benefit doesn't require annuitization either.