What Does $200K Buy You in Retirement?
Ever wonder what a $200,000 annuity actually pays out? If you’re dreaming of mailbox money in retirement, here’s the scoop: for most folks, that chunk of change gets you around $1,100 to $2,100 a month, depending on your age and contract details. The catch? Once you buy in, your cash is locked up—no dipping in for emergencies. Still, if you want steady, predictable income (and less market drama), an annuity could be your chill pill for retirement planning. Just don’t expect it to cover everything!
#RetirementHacks #MoneyTalk #AnnuitiesExplained #Finance
