Summary of Variable Annuities
(5 of 5)
Summary of Variable Annuities
Like all annuities, variable annuities provide a tax-efficient way to provide reliable income for retirement; and for most annuities, they are one source of income you will not outlive. By allowing you to invest in accounts backed by securities, variable annuities provide an opportunity to realize better returns in exchange for accepting some market risk.
Interested in a variable annuity? Here are some ideas to get you started.
Practical Ideas I Can Start with Today
- Estimate my life expectancy. Use this calculator.
- Weigh the pros and cons of variable annuities, including all fees and costs.
- If an annuity seems right for me, find a strong life insurance company from which to buy an annuity.
- Set up an annuity for my retirement or other purpose.
What you have learned
- Review of Annuity Basics
- What Makes Variable Annuities Variable?
- Considerations for Variable Annuities
