: Provides a guaranteed income for the remainder of your life, no matter how long you live.
Current annuity rates (which recently reached an 18-year high due to rising gilt yields). Your age and health status. Common Types of Annuities
: Offers higher income if you have certain medical conditions or lifestyle factors (e.g., smoking) that may shorten life expectancy.
: Pays an income for a specific number of years rather than for life.
: Increases each year, either by a fixed percentage or in line with inflation, to protect your purchasing power. Key Considerations Before Purchasing Consumer's Guide to Understanding Annuities
: Provides a guaranteed income for the remainder of your life, no matter how long you live.
Current annuity rates (which recently reached an 18-year high due to rising gilt yields). Your age and health status. Common Types of Annuities
: Offers higher income if you have certain medical conditions or lifestyle factors (e.g., smoking) that may shorten life expectancy.
: Pays an income for a specific number of years rather than for life.
: Increases each year, either by a fixed percentage or in line with inflation, to protect your purchasing power. Key Considerations Before Purchasing Consumer's Guide to Understanding Annuities