Some forms of retirement fixed income increase with the cost of living, due to a built-in COLA. Income derived from COLA-based pensions, COLA-indexed pensions, and government benefits for retirees such as Social Security, will retain their purchasing power as inflation increases, as long ...
The remaining balance continues to grow, offering potential for future income. This option is ideal for those who prefer flexibility and may need access to their funds for various expenses. Who Needs It Retirees who want predictable, worry-free income Those who’ve maxed out other safer options...