Annuity
At retirement, you may want to look at receving a regular income for the rest of your life.
An annuity is a single premium insurance policy issued by a life assurance company where the life company guarantees to pay a specified level of income for the life of the individual in return for a lump sum payment now. The annuity rate is the percentage of a lump sum which a life company will agree to pay annually for life in return for that lump sum.
Talk to us now and get the best advice on your investment. Call Stephen on (01) 2804626 or email him using our contact form
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Annuity
At retirement, you may want to look at receving a regular income for the rest of your life.
An annuity is a single premium insurance policy issued by a life assurance company where the life company guarantees to pay a specified level of income for the life of the individual in return for a lump sum payment now. The annuity rate is the percentage of a lump sum which a life company will agree to pay annually for life in return for that lump sum.
Deciding on the best option at retirement can be difficult. Talking to a financial advisor will help identify the best path for you, given your personal situation.
Talk to us now and get the best advice on your investment. Call Stephen on (01) 2804626 or email him using our contact form.