With volatile stock markets and falling Annuity rates the timing of an Annuity purchase can be tricky.
We thought we would take a look at the advantages and disadvantages of buying your Annuity now.
Buying your Annuity now – Advantages
Income now. This might sound pretty obvious but the main advantage of buying an Annuity now is that your income will start immediately. This is clearly important if you are finishing work and need to replace the income you will lose, it also helps to reduce the cost of delay, more of which later....