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Choosing the right annuity option to meet your needs is tricky. As with everything else you will need to weigh the pros and the cons. You’d want the financial security you deserve come retirement. An annuity will give you that guaranteed protection with income regularly paid annually to you after you retire. You can model it to suit your liking, from health and lifestyle concerns to the ability to leave lump sum cash or income to your heirs. If you wish to be assured protection from inflation, escalating annuity is the option to choose.
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