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Fixed investments can be used for a steady amount of income in retirement. Your deposits grow at a set rate of interest with a guaranteed minimum that will be earned.
Indexed investments have the benefits of both fixed and variable. They don't directly use a stock or equity investment. The principal can be protected from market volatility by providing a guaranteed minimum if the index goes down, yet an increase if the index goes up.
Variable investments provide a method to turn market investments into an income, but the upside potential and downside risk is based on the securities market and investment choices.
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