It Is Okay to Wait Until Retirement to Decide Whether

question 243

True/False

It is okay to wait until retirement to decide whether or not to buy an annuity with a portion of your retirement funds.

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Definitions:

Traditional Mode

Conventional or long-established ways of operating or doing something.

Plan

A detailed proposal for doing or achieving something, often outlining goals, strategies, and actions to be taken.

Implement

To put a decision, plan, strategy, or law into effect or action.

Strategy

A comprehensive plan or set of actions designed to achieve long-term goals or overall objectives, especially in business or military contexts.