Finance

Why do people say to avoid annuities?

People often advise against annuities due to concerns about high fees, limited liquidity, and complex terms. However, annuities can offer valuable benefits like guaranteed income for retirement. Understanding both the…

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Can I retire at 70 with $500,000?

Can you retire at 70 with $500,000? The answer depends on various factors, including your lifestyle, expected expenses, and investment strategy. While $500,000 may be sufficient for some, it’s essential…

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Can I live off the interest of $5000000?

Living off the interest of $5,000,000 is not only possible but can also provide a comfortable lifestyle if managed wisely. This approach requires understanding investment strategies, interest rates, and financial…

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