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Annuities Explained — The Only Product That Guarantees Income for Life
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Replying to @Mangie Morgan What is your favourite Retirement Annuity #personalfinance #retirementplanning #fyp #financialfreedom
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Let me explain what an FIA is in 60 seconds. FIA stands for Fixed Index Annuity. It is a retirement planning tool designed for people who want their money to grow without putting their retirement savings directly at risk in the market. Here's how it works. Your money is not invested directly in the market. Instead the growth is connected to a market index like the S&P 500. So when the market goes up, your account has the potential to grow. But when the market goes down, your money is protected f
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