Explain two (2) aspects related to the future financial needs as a retiree that one should consider before he invests in annuities.

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Explain two (2) aspects related to the future financial needs as a retiree that one should consider before he invests in annuities.

Annuities

  • Carl is considering investing in annuities as part of his retirement strategy. Explain two (2) aspects related to his future financial needs as a retiree that he should consider before he invests in annuities. Provide two (2) specific examples of types of annuities best suited to Carl to support your rationale.
  • Describe two (2) factors of an annuity that would make it a potential investment for you. Provide a rationale for your response.

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