What good is an annuity without annuitizing, that is, converting some or all of the savings to income benefits?
It's a great question with an even better (little‐known) answer: Investors can benefit tremendously from an annuity well before they enter the retirement income phase – and even if they never annuitize.
This is an important feature to remember as America faces a growing retirement insecurity problem, threatening those approaching their Golden Years and even workers with many years left in the workforce.
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