(Use caution when using inflated dollar estimates to determine other retirement income sources you may need.) (ssa.gov)
The biggest advantages is that annuities are an investment vehicle that serves as a complement to other retirement income sources such as Social Security and pension plans, that enable individuals to save a larger amount of cash and defer paying taxes. (fiainsights.org)
These could be planned distributions for planned expenses or potential cash value may be used as additional funds to help protect you from outliving other retirement income sources or unplanned expenses. (insurancequotes2day.com)