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When it comes to investing money there are a number of possible options. One possibility is a fixed deposit account. This is where you invest your money for a set period of time. The fact that you are willing to tie your money up means that you can generally expect to receive higher rewards.
If you want to be sure of an income for the rest of your life then one option is an annuity. This is a financial product sold by an insurance agent, and it has become a popular way for people to prepare for their future following retirement. There are many options when it comes to this type of investment so it makes sense to find out as much as you can before committing yourself to anything.
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