What are annuities and are they worth it in 2025? With interest rates rising, annuities, which give you a guaranteed retirement income, have been making a comeback. Mark Ormston from Retirement Line, one of the UK’s leading annuity brokers, explains how they work, what returns you can expect and whether they make sense for your pension strategy. ✖️ Check out this annuities calculator Mark gave us to see what you can gethttps://makingmoney.email/annuities-calculator 👨👨👧 Sign up to free webinar on inheritance tax https://makingmoney.email/IHT-webinar-audio 🤝 Make the most of your money with a financial adviser Get professional support 1:1 with your finances: https://makingmoney.email/financial-advisors-audio ⛑️ Free guides, courses and financial health check Learn how to build long-term wealth in the UK: https://linktr.ee/makingmoneypod 🎉 Sponsors Odoo - test their Sign app for free: https://www.odoo.com/r/MM Vanta - Get your company secure and compliant, with $1k off: https://vanta.com/makingmoney Tide - Get up to 4.22% AER (variable) on your business savings. Use this link https://www.tide.co/offers/makingmoney or the code 'MAKINGMONEY'. You'll also get £100 if you fund your account with £5,000 in the first 30 days. Ts&Cs apply. The more you save, the higher the rate—up to 4.22% AER (variable) on balances over £1M. New Tide members receive these rates free for 6 months, then your Tide plan’s savings rate and thresholds apply. Visit https://tide.co/savings for full terms and conditions. 📈 Investment platforms we use: Trading 212 Watch this video where Damo explains how to get the most from it: https://youtu.be/BVVZhrM0LVQ Get a free share worth up to £100 when you sign up for a new Invest or ISA account and deposit at least £1. Use the code ‘MM’ or this link: https://www.trading212.com/join/MM InvestEngine Get up to a £50 bonus when you invest at least £100. https://investengine.pxf.io/daOD2Q Vanguard Minimum investment of £500 or £100/month. https://www.vanguardinvestor.co.uk/ – If you purchase a product or service using one of the links above (including Retirement Line), we may receive a commission. There will be no additional charge for you. Remember investments can fall and rise - and past performance is no guarantee of future results. Other fees may apply. Your money is at risk. This is not financial advice. The reason it’s not financial advice is because it’s not tailored to you. We explain the principles of building wealth but if you want personalised advice, it’s worth speaking to a financial advisor. As with everything financial, please do your own research. We really encourage that because no one cares more about your money than you and if you learn the basics then it will change your life.
Show More
Show Less
Jul 7 202559 mins