Careful scrutiny of your retirement plans requires you to factor in annuities to balance your investment portfolio. Annuities remain reliable investment vehicles to generate a guaranteed income post-retirement. Meticulously planned annuities often replicate monthly paychecks that reflect in the form of salary amidst rising interest rates.
Where Will I Start With My Annuities?
Well, you might be in a dilemma about when to start your annuities. Perfect timing ensures that you make the most of the market conditions. If you plan to predict the annuity rates in the future, it pays to start investing at the right time.Adding to all the financial dilemmas—the Federal Reserve System (FED) keeps altering the interest rates. So, what does increasing interest rates mean for annuities? We have comprehensively covered the impact of climbing interest rates for annuities in this article. Having this knowledge will help you plan your investments and maximize your returns.
