When I moved to the U.S. five years ago, I had to start anew: new environment, new friends, new career. I am no longer in my 20's and, I sometimes worry that at my age, I am just starting "all over again" instead of preparing for retirement. Moreover, my family back home is financially dependent upon me and, therefore, between my living expenses and the money I send home, I do not have much left for savings.
Ideally, one must have long-term investments to prepare for retirement. Annuities are good examples of investments that can replace our paycheck when the time comes for us to bid our jobs goodbye. What's the best type of annuity ? Fixed or variable? It depends upon a person's needs and financial capacity. A financial adviser is able to help one decide. You may click here for more info.