Tag - income

How annuities help in retirement planning for steady income flow

How annuities help in retirement planning for steady income flow Annuity is the only financial products that provide long-term, open-ended guarantees in the form of a fixed income for a lifetime. Visualise a scenario in a few years from now, where India’s demographics will incline towards a pattern similar to that of developed nations.Higher life expectancy, coupled with socio-economic changes, such as more families moving away from the joint family system will burden individuals in their retirement period to maintain a [...]

Read more...