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It was not intended to be most individuals’ only source of retirement income. However, some people have not had or not taken the opportunity to save on their own, and guaranteed retirementpensions are becoming an endangered species, replaced by other plans like 401(k)s.
These plans not only protect you from surprise bills, but also help ensure that your income will be protected in the event of illness or injury. Investing in an HSA early in your career can help set you up long-term for covering medical expenses in retirement.
Indexed Annuities: The New RetirementPensions? By Sam Deleo Tucker Advisors Senior Content Specialist/Editor. Those of us who are older might remember them better as “pensions,” but in 2021 they seem about as common as a rotary phone. So, what is the most efficient tool for creating your own retirementpension?
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