Fixed annuities are a great way to supplement lost income during retirement. Fixed annuities provide guaranteed lifetime income you cannot outlive. Most annuities offer fixed interest rates.
Here’s a fact that may surprise (and possibly scare) you: Social Security may replace up to 57% of lower income workers’ income; however, it may replace only 27% for higher income workers.
Savings Bonds are non-marketable securities issued by the U.S. Treasury Department. Effective January 1, 2012, Series EE and I Savings Bonds can only be purchased electronically via The U.S. Treasury Department.
Most banks and credit unions are backed by the FDIC, which makes these financial institutions a "safe place" to put your money. Banks and credit unions offer "safe money" financial products such as CDs
