Are Flexible Annuities Worth Considering?
Quite so. ‘Flexible annuities’ is the general term for annuities that are invested in the stock market. Like other annuities, it provides a guaranteed income, but at the same time, the opportunity to make good profits and get a higher income based on markets. It’s a great asset for people who otherwise invest in stocks or shares, and are looking for their annuity to act more like a high-return investment and less like a savings account with great interest. On the face of it, you do not have to worry much about best annuity rates while opting for flexible annuities. They offer the following main advantages: 1. They can potentially increase your income by many times. When invested correctly, the income from flexible annuities had good scope for growth, without any limits. 2. It can give you flexible income. Thus you can control how much you want to bring in every period. 3. It guarantees you a minimum income. You are thus saved from making huge losses and can still have your peace of min