Annuities & Pensions
"I advise you to go on living solely to enrage those who are paying your annuities."
Voltaire, French writer, historian, and philosopher
Annuities are probably the oldest financial instrument still in existence today. The Old Testament makes reference to the (life) annuity. Seems that in 562 B.C., the King of Judah was granted, "perpetual bread and meals for the rest of his life," by the King of Babylon.
There's even some evidence indicating that the ancient Egyptians were offering annuities 1700 years before the birth of Christ. Regardless of the historical journey of Annuities over the centuries, one thing is certain: Having a source of guaranteed lifetime income is just as important today as is was way back then. Just click on the blue button for more information.