An annuity ladder is simply a way to build and preserver wealth. There is no way to predict what interest rates will be present, no matter how skilled a financial advisor may be. This is why an annuity ladder is so important, because it minimizes the risks of low returns. A lot of people who are close to retirement or who have already retired, have an annuity ladder. This is because, it is a smarter and more predictable way to invest.
Key Takeaways:
- There is a way that you can increase interest in a way that serves your needs later on
- You can use annuities to your advantage. When you have annuities, you can use the ladder to create your own wealth.
- Access to cash is an annuity is difficult to come by and that is one of the downsides to having one.
“Fortunately, there is a widely-accepted and proven strategy that can help you take advantage of interest rates that might increase in the next few years.”
Read more: https://annuity.com/what-is-an-annuity-laddering/
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