Whatever your retirement dreams may be, ensuring that you’ll have the financial means to achieve them is a crucial aspect of your financial plan. With fewer companies offering pensions and uncertainty surrounding the future of Social Security, individuals are increasingly responsible for planning their finances in retirement. An annuity serves as a valuable tool to maintain your retirement objectives, providing a stable income stream unaffected by market volatility and guaranteed to last a lifetime. There are various types of annuities to consider, depending on your objectives. Income annuities, typically acquired close to retirement, offer predictable income for life. Fixed and variable annuities can also aid in asset growth during your working years.