Tag - income

How annuities help in retirement planning for steady income flow

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 [...]

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