
Annuity
Constant Income
An annuity ensures a person receives a steady income, often after retirement.
Her annuity provides her a certain amount each month like clockwork.
Lifetime Payments
Annuites are often associated with life-long financial security.
Grandfather's annuity guarantees him money for the rest of his life.
Financial Planning
An annuity is a tool for managing long-term finances, especially for old age.
He bought an annuity to secure his financial future after retirement.
Compare with
AllowancePensionStipend
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