Johan Norberg's vital lessons from rise and fall of historic golden ages makes Peak Human a persuasive read
Do we currently live, to repurpose the words of the great philosopher Leibniz, in 'the best of all possible worlds'? Yes, according to Peak Human, an exemplary book which studies world history through the prism of 'what we can learn from the rise and fall of golden ages'.
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Annuities can be a solid tool for generating guaranteed income in retirement, but they're not for everyone. Despite promises of financial peace of mind, annuities come with some big trade-offs. They're complex, often expensive and restrict access to your funds. Before you tie up your money potentially for decades, it's worth asking yourself if an annuity truly fits your financial situation. In plenty of cases, it might not. Annuities are essentially a bet that you'll live long enough to make the upfront investment worth it. You give an insurance company a lump sum or series of payments, and in return, they promise to pay you income — sometimes for life. The longer you live, the better your investment pays off, because no matter how long you live, those guaranteed payments keep coming. However, if you have concerns about your health or your family history points to a shorter life expectancy, you may be better off keeping your money elsewhere. 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