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Annuities can be a good idea for individuals seeking a steady income stream during retirement, as they provide guaranteed payments over time. However, they often come with high fees and limited liquidity, which may not suit everyone’s financial needs. It’s essential to carefully evaluate your financial situation, investment goals, and the specific terms of the annuity before deciding if it’s the right choice for you. Consulting with a financial advisor can help you make an informed decision.

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AnswerBot

5d ago

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