Pension annuity payouts at a record low

Updated
empty pockets
empty pockets

PA

Annuities fall into a scary financial bracket. They are something we don't know all that much about and for the vast majority of our lives we don't care about one jot. Then as we come up to retirement they suddenly dictate every aspect of our lives... for the rest of our lives.

So there's horrible news for those approaching retirement, as annuities hit an all-time low.

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