Market volatility is often a result of uncertainty, and it's important to assess the level of risk one is comfortable with as an investor.
Income planning is crucial in retirement, and annuities can provide a structured way to generate guaranteed income.
There are different types of annuities, including single premium immediate annuities, fixed annuities, variable annuities, and fixed indexed annuities, each with its own features and benefits.
A comprehensive financial plan should consider income planning, risk assessment, legacy planning, and tax implications.
Working with a financial advisor can help individuals navigate the complexities of retirement planning and make informed financial decisions.