At some point you will want to retire or at least reduce your working hours to enjoy yourself. These life changes will obviously have an effect on your level of income from employment.
In the past many of us could count on a company pension but in recent times this is less and less likely. By working with a qualified financial advisor and doing your research, you may discover that there is an excellent, well-suited annuity that will help you with your financial retirement needs.
You may simply want a steady, monthly income, or you might have taxation issues that an annuity could help solve.