But is it not the case that the timing of buying annuity is also of crucial matter? I suppose that when interest rates are very high you can buy an annuity with better yield than when interest rates are historically low?
I would be grateful for explaining, as I pounders me if in the majority of the products the payouts are variable with interest rates (then timing would be of little use) or if the yield is fixed.
Hi.
But is it not the case that the timing of buying annuity is also of crucial matter? I suppose that when interest rates are very high you can buy an annuity with better yield than when interest rates are historically low?
I would be grateful for explaining, as I pounders me if in the majority of the products the payouts are variable with interest rates (then timing would be of little use) or if the yield is fixed.