Yes. When objects are in orbit around each other, there is a strong pull of gravity between them. For example, we commonly say that the Moon is in orbit around the Earth. However, the Moon pulls back on the Earth as well. This changes the Earth a little. One way we see this happening is the ocean tides.
An annuity is a long term investment that is issued by an insurance company designed to help protect you from the risk of outliving your income. Through annuitization, your purchase payments (what you contribute) are converted into periodic payments that can last for life.
Uncover the basics of annuities and the most advanced strategies. A: An income annuity is an agreement between you and an insurance company In exchange for a one time payment, the insurance company is legally obligated to provide you with a regular, predictable, and reliable income stream. The reason people buy annuities is to provide a steady stream of income during retirement.