What is an Immediate Annuity
Last week I turned on the air conditioner for the first time this year. Much to my chagrin, it wasn’t working properly. So, I had to have someone come out and fix it — unless I wanted to sweat my keister off all summer. But, what if I didn’t have the money on hand to repair the AC? I would either have to wait until I had the money or borrow the money from a friend or use my credit card. Throughout life, we can expect these inconveniences because they are part of life. Your car and household appliances will need repairs and you will have to replace many items in your home — that’s fact. You may...