A retirement plan has two major objectives. Reflecting this objective, and because only an annuity pays you until you die, with few exceptions every retirement plan should contain an annuity. Bottom line, retirees should be sure that the provider of their retirement plan has the means to find the best price on their annuity. While not many of us will live to 104, for the peace of mind you deserve, the retirement plan should assume that you will. The chart reflects other desirable features of a retirement plan that will be discussed in future articles.

Source: Forbes February 02, 2019 06:45 UTC