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that really depends on your political views.

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Should a 90 year old purchase an annuity?

It depends on the individual’s financial goals and circumstances. An annuity can provide guaranteed income for life, which may be beneficial for someone who wants financial security in their later years. However, the decision should be made considering factors such as health, current financial situation, and personal preferences. Consulting with a financial advisor is recommended to determine if an annuity is the right choice.


Can you collect long term disability insurance and social security retirement benefits at the same time?

In most cases, if you are receiving long-term disability insurance benefits, it should not impact your ability to also receive Social Security retirement benefits. However, it's important to review your specific policy and situation to ensure there are no restrictions or limitations that could affect your eligibility for both benefits simultaneously. Consulting with a financial advisor or Social Security representative can provide more tailored guidance.


Why should you Plan for Retirement?

The following are some key reasons as to why you need to plan for Retirement.Unforeseen Medical ExpensesFinancial Security of our Children & Grand ChildrenFlexibility & Peace of Mind


What should be included in your retirement plan?

Saving, saving, saving, and more saving. Be certain to put enough away for your retirement. Social Security pensions will not provide the income levels one has become accustomed to having. Savings plans, annuities and other solid investments will bolster your income levels later on in life. Always invest in yourself first ... plan for the future, always.


Should i be always responsible for my actions?

Yes, it is important to take responsibility for your actions. Accepting responsibility shows maturity, accountability, and self-awareness. It also helps to build trust and respect in relationships with others.

Related Questions

Should a management accounting system provide both financial and non financial information?

accounting system provide both financial and non financial information.explain.


What is the concept of financial security about?

Financial security is always a good practice due to today's standard of people hacking financial systems for personal gain. One should always have security features set up to secure their money.


A security officers primary responsibility is to?

The primary responsibility of a security office is to prevent and keep crimes from happening. He should maintain high visibility at all times to be able to carry out his job.


Why should I buy an annuity?

An annuity can provide a guaranteed income stream in retirement, offering financial security and peace of mind. It can also help protect against outliving your savings and provide a stable source of income for the future.


Why should someone consider purchasing annuities?

Someone should consider purchasing annuities because they provide a guaranteed income stream for a specific period of time or for life, offering financial security and stability in retirement.


How much should a person save in order to achieve financial security?

A person should aim to save at least 20 of their income to achieve financial security. This savings can be used for emergencies, investments, and retirement planning.


Can you provide your social security number when using Klarna for payment?

No, you should not provide your social security number when using Klarna for payment.


How do you go about turning over your parental rights to your ex-wife and her new husband?

You should consult with an attorney. Your ex-wife's new husband would need to agree to legally adopt the children and take on the responsibility of financial support.You should consult with an attorney. Your ex-wife's new husband would need to agree to legally adopt the children and take on the responsibility of financial support.You should consult with an attorney. Your ex-wife's new husband would need to agree to legally adopt the children and take on the responsibility of financial support.You should consult with an attorney. Your ex-wife's new husband would need to agree to legally adopt the children and take on the responsibility of financial support.


What type of home loan should I get for my specific financial situation and goals?

For your specific financial situation and goals, you should consider getting a fixed-rate mortgage if you prefer stable monthly payments over time. This type of loan can provide predictability and security, which may be beneficial for long-term planning.


Should a 90 year old purchase an annuity?

It depends on the individual’s financial goals and circumstances. An annuity can provide guaranteed income for life, which may be beneficial for someone who wants financial security in their later years. However, the decision should be made considering factors such as health, current financial situation, and personal preferences. Consulting with a financial advisor is recommended to determine if an annuity is the right choice.


Why should someone invest in annuities?

Investing in annuities can provide a steady stream of income during retirement, offering financial security and peace of mind. Annuities also offer tax-deferred growth potential and can be customized to fit individual financial goals and needs.


Should a absent father pay for his children if he does not work?

Having children is the financial responsibility of all fathers employed or not.