Life after retirement from work is a fantastic journey of self-discovery. Still, you must plan for your second innings in the best possible way. Retirement planning is a multistep process that evolves over time. And to enjoy a fun-filled, comfortable and secured retirement, it is foremost to build a financial cushion that will fund your life after retirement. With people usually living longer these days, it is essential to plan well if you want to continue with the lifestyle you enjoyed before retirement. After retirement, the first essential requirement is to ensure that you have a steady flow of pension to meet your daily expenses. The safest way of earning a steady pension flow post-retirement is investing in annuity plans. By buying annuity plans, you are guaranteed a financially secured future for yourself, your spouse and even your children. Annuity plans are the most trusted way of covering the risk of outliving your retirement corpus. These plans are specifically designed to meet people's long-term retirement needs with a decent corpus for investment.