Two things are certain: We all die and if we don’t before retirement age, we will have to retire at some stage or another. The question is whether we will be able to afford it.
A Retirement annuity is an ideal vehicle to save for those golden years. What makes it so attractive is the tax benefits, the untaxed variety of funds that can be invested in and the lower tax bracket which will probably be applied when you finally receive the monthly payments.
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