Fixed Rates

If you are struggling along, living paycheck to paycheck in your job, you know life can be tough as far as money goes. The bright side is that you are working and earning a paycheck, a steady income. Imagine how much tougher life will be when you finally get to that golden age and you can tell the boss where to put his job and you retire. Retirement is a great thing in that the body finally gets a chance to slow down and hopefully the person can enjoy life without work. I did heavy manual labor jobs all my life and they took their toll on my poor skinny body. Retirement was a godsend for the body. It was not a godsend for the wallet though. Now that I am here I realize there were some mistakes made along the way, like I should have had a fixed rate annuity account to help bolster my measly retirement income. Fixed rate annuities pay like a bank CD, they accrue interest that will help add more money and that money will also gain interest. If one starts this process early enough they can have a very nice extra income when that person retires. The joy of these annuity accounts is that you can add just a little of your paycheck to start them and keep them going. Like any other deduction from your paycheck you will miss it at first but soon you will be used to the new lower amount and go on, doing whatever you need to do to pay the bills and live. Don't wait until it is too late and you have retired. Remember, Social Security may or may not still be around when you retire. Make plans for yourself and have a much better lifestyle as a retiree get your annuity started now while you are young.