Author: sidharthkapoor

Retirement planning today looks very different from what it did a generation ago. Longer life expectancy, rising healthcare costs and the shift away from guaranteed employer pensions have encouraged individuals to take greater responsibility for their post-retirement income. In this changing environment, a life insurance annuity is increasingly being used as a structured way to generate stable retirement income. While a traditional life insurance policy is typically associated with financial protection during earning years, annuity-based products focus on income distribution after retirement. Understanding how these annuities work and where they fit into broader financial planning can help individuals build a…