Kiplinger

Know What You’re Paying for When You Buy an Annuity

Even if you’ve spent your entire career stashing away money to pay for retirement, you may still be worried the nest egg you’ve worked so hard to build will not last as long as you need it to.

For one thing, American life expectancies are near record highs, , and the average millennial has to live to age 90. While living longer is a wonderful thing, it also comes with challenges. Add rising health care costs and market volatility to the mix,.

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