Carl is considering investing in annuities as part of his retirement strategy.

  • Carl is considering investing in annuities as part of his retirement strategy. Explain two (2) aspects related to his future financial needs as a retiree that he should consider before he invests in annuities. Provide two (2) specific examples of types of annuities best suited to Carl to support your rationale.
  • Describe two (2) factors of an annuity that would make it a potential investment for you. Provide a rationale for your response.

He need to consider the following aspect while buying annuities for retirement planning.1. Time to retirement – He has option of either buying deferred annuity or immediate annuity. If Carl has…

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