I’ve been looking into annuities. I’m only 21, and it’s early, but it’s never too late to consider purchasing an annuity contract for the purpose of securing income even after retirement.

The immediate annuity plan sounds interesting and is definitely something I will consider getting in the future, but there are so many investment types that I think I still need to do more research on this, to be able to make a proper comparison of the benefits that each type will yield.g