Spencer Lodge Fund Advisers Dubai on Retirement Planning
If you are retired, you want an income that your lifestyle income that can not support survival. How do you get it? Annuity An annuity may be the answer, Spencer Lodge said in Fund Advisers event in Dubai
A pension annuity as a single premium immediate annuity is sometimes the type of product, the company used for pensions. If you work for a company, the money accumulated in the pension fund when you retire to earn an income for the rest of your life. The product is the monthly pension and annuity income is an annuity. Spencer Lodge Fund Advisers said Not only can the same product for sale on your own, but has a better deal than you would get with a scheme in which the company can get. When companies buy these bonds, do not try more income for their employees, but also the lowest cost to you. When shopping for yourself, you can probably get a better income than for your business. Naturally, you want to make sure that the company is doing, then do not forget to ask about all the time, right.
What exactly is a pension annuity? Let's first talk about what did not. In deferred. No accumulation or annuity is a fixed annuity or variable annuity, or one of those indexed annuities. This is an income annuity. You put money in a fixed annuity amount and gives you an income for the rest of your life. You can ensure that the inflation adjustment, choose a fixed rate of interest for the rest of your life income, or many different ways to structure. Once you have decided on income from guaranteed pension income for the rest of your life, no matter how long you live.
It is a disadvantage. Once you put money in the annuity can not go out again. They shared a flat fee for entry. If you need money for an emergency, you do not have access to it. We recommend to our customers, who pay more than 25 percent of dollars invested not for these products. For some people this can be an ultimatum.
It is also an advantage. You can get a decent income. The amount is determined by the age and interest. You pensions, which is above average return on investment that promise guaranteed for the rest of your life.
If you decide that the annuity is right for you, be sure to thoroughly investigate the company selling the annuity. You want to ensure that it is as big as you. get info about Spencer Lodge
