RET - Annuities Lesson

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Annuities

Introduction

So, what happens if you didn’t plan too well and you don't have enough income or savings to retire? There is another option to help! An annuity is a purchase that you can make that will pay out income every month. This sounds too good to be true. There are benefits and disadvantages of buying an annuity. They are not for everyone but can be helpful in certain circumstances!

What is an Annuity?

Click on the buttons to find out more about annuities!

In Your Notebook: Please take down important notes, such as formulas, and attempt the practice examples on your own before viewing the solutions!

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