On Retirement Income, Part 7: How Guaranteed is Guaranteed Income?
Guaranteed income from Social Security, pensions, and annuities can be the bedrock of a retirement income plan. But such guarantees are only useful if the guarantors can be trusted!
Guaranteed income from Social Security, pensions, and annuities can be the bedrock of a retirement income plan. But such guarantees are only useful if the guarantors can be trusted!
One of the most significant facets of “goals-based investing” is matching inflexible spending needs with secure income sources, most notably Social Security.