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Annuity in arrears

• An annuity with a first payment on full period hence, rather than immediately.

 
 

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Managing Your Expenses on a Fixed or Reduced Income: Once you've retired, you finally have the opportunity to work at your dream job - keeping yourself happy. It's your chance to visit places you've always wanted to see, take up a new hobby and spend more time with your family and friends. But to be successful at this new position, you've got to make the most of your income and investments. Here are suggestions. More...

To handle yourself, use your head; to handle others, use your heart. Donald Laird

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