An annuity is a financial vehicle that accumulates money on a tax-deferred basis and be used to provide lifetime income, tax-deferred growth which may dramatically influence the value of your savings.
In the event of a tragedy, life insurance proceeds help pay the bills, continue a family business, finance future needs like your children's education, protect your spouse's retirement plans, and much more.
Medicare was never meant to cover all of your doctor and hospital bills. Many people do not realize this and expect them to pay all. Reliance on Medicare in this situation can mean out-of-pocket expenses.