Let’s be real. It can be hard to save for retirement. ‌But, after you figure out how much you need to save for retirement, the real work‌ ‌begins.
Obviously, there are a lot of ways to save for retirement. ‌Your main options are 401(k)s through your employer and individual retirement accounts (IRAs). But, there are also annuities.
With an annuity, you can grow your retirement savings portfolio in a unique way. ‌Essentially, an annuity is a hybrid between a retirement account and an insurance policy that offers several ways to grow your money. ‌Due to their advantages, annuities are becoming increasingly popular to supplement retirement income….