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People who have pensions are happier and live longer.✨ #shorts #pension #annuity #socialsecurity

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🛑 DISCLAIMER The information contained in this video and the related presentation is provided by Daniel Rondberg and is offered for educational and informational purposes only. Nothing in this video should be interpreted or construed as legal, regulatory, insurance, tax, or financial planning advice or as an offer to perform services related to any of these fields in any respect. The content of this video contains general information and may not reflect current legal, tax, insurance or regulatory developments or information and is not guaranteed to be correct, complete or current. Daniel Rondberg makes no warranty, expressed or implied, as to the accuracy or reliability of this information or the information contained in any referenced website. Viewers of this video presentation should not act or refrain from acting on the basis of any information included in the video without seeking appropriate legal or other relevant advice related to the particular facts and circumstances at issue from an attorney or other advisor duly and properly licensed in the recipient’s state of residence. Daniel Rondberg expressly disclaims all liability with respect to actions taken or not taken by the viewer based on any or all of the information or other contents of this video. Any information sent to Daniel Rondberg via Internet e-mail or through any referenced web site is not secure and is done so on a non-confidential basis. Should the viewer of this video seek a referral to any service provider, the person to whom such referral is made is solely responsible for assessing the knowledge, skill or capabilities of such provider and neither the presenter nor Daniel Rondberg is responsible for the quality, integrity, performance or any other aspect of any services ultimately provided by such provider or any damages, consequential or incidental, arising from the use of such provider. No Representations This video may contain technical or other errors. Daniel Rondberg does not guarantee its accuracy or completeness or suitability. IN NO EVENT SHALL DANIEL RONDBERG BE LIABLE FOR ANY SPECIAL, INDIRECT OR CONSEQUENTIAL DAMAGES RELATING TO THIS MATERIAL, FOR ANY USE OF THIS MATERIAL, OR FOR ANY REFERENCED WEBSITE. Daniel Rondberg takes no responsibility and makes no warranty whatsoever for the content or information contained on sites or sources of information referenced in the video. All such materials are provided on this video solely for the convenience of users and do not represent any endorsement, advertisement or sponsorship of linked sites or any products or services offered. When I use the word guaranteed it is always and only in reference to the contractual guarantee provided by insurnace companies outlines in their policies. It is subject to the strength and claims paying ability of the company. I do not endorse any one specific company or product. I am not making claims or recommendations. Please visit with your insurnace agent for specific explanations of certain insurance products….(read more)

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Retirement is the phase when your passion and hobbies can take a front seat, and you can concentrate solely on those activities that bring you joy. However, the pressure of managing your finances, which finances everything during retirement, looms large. Consequently, having a pension as a safety net is crucial for living a happy and healthy life.

Research shows that people who have reliable pension income tend to be happier and live longer than those who don’t have one. The primary reason behind this is financial security, which a pension guarantees. A pension provides retirees with a steady stream of income throughout their lifetime, thus reducing financial anxiety and stress.

People who receive a pension have the added security of knowing that they will get a fixed monthly income at a consistent rate, which eliminates fears of market fluctuations, inflation, and uncertain job prospects. It allows retirees to spend their money without worry or fear and helps them maintain the same standard of living they enjoyed before retirement.

Furthermore, having a steady income stream provides retirees with the opportunity to pursue their interests and engage in activities that they may not have had the chance to while working. This brings a sense of fulfillment and contentment, which contribute significantly to overall happiness and well-being.

Studies have also shown that having a pension may lead to increased life expectancy. Financial security provides a sense of stability and security that contributes significantly to the overall health and well-being of individuals. It reduces stress, anxiety, and depression and leads to a better quality of life that may ultimately lead to a longer life span.

In conclusion, having a pension provides retirees with the financial security and stability they need to sustain a happy and stress-free life in retirement. With financial security, retirees can focus on doing what they love most, spending time with family, taking up hobbies or travelling, without worrying about their financial situation. Therefore, it is essential to plan and secure a stable and reliable pension to ensure a comfortable life in retirement.