Description: While market-linked strategies offer growth, annuities provide predictable income—an aspect many retirees rely on. Sharad Chand, Business Head – Wealth Management at Alankit, says annuities play a crucial role despite not being high-return products. “It’s not flashy, but it does what it’s supposed to do—to keep money coming in,” he notes. He adds that investors can choose from multiple annuity options based on their priorities, whether it is higher immediate payouts, income for a spouse, or leaving a legacy. “There’s no perfect option, it depends on individual needs,” Chand says.
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Tag: Alankit Limited