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The benefits of annuities: Use, the "Private Pension" benefit and Costs vs benefits of annuities:

The benefits of annuities: Use, the "Private Pension" benefit and Costs vs benefits of annuities:

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Annuities are investments that provide a fixed amount of money to the investor over a specified tine period. The benefit of annuity is that there is an income of a specific amount of money to the investor. This money will not vary with time or with changes in the external environmental conditions. The annuity can therefore br treated as a pension that has been created by the person. The disadvantage is that the investor has to set aside a certain amount of money for annuity. The amount is thus stuck in the investment.

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