Most people invest in Medical to secure financial security during retirement. There are two phases of annuities: the accumulation phase and the payout phase. All areas of investment carry a level of risk along with benefit. It’s important to assess the financial strength of a company before investing because you want to be sure they will still be around during the payout phase.
The main benefit of investing in annuities is to ensure you have financial stability during retirement and after you stop receiving a regular paycheck. The following benefits also apply: