A guide to immediate, deferred, fixed, variable and joint-life annuities, and how to match them to your retirement needs.
The fear of running out of money consistently ranks as a top concern for retirees and soon-to-be retirees. And yet, despite their anxiety, many people I talk to have never considered using an annuity ...
Annuities can provide retirees with a guaranteed stream of income, but choosing the right type is key to making the most of these products. Making the selection requires learning about the major ...
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What is a stretch annuity and how does it work?
A stretch annuity lets a beneficiary receive inherited annuity payments over an extended period rather than all at once.
Annuities may seem complex. In reality, they’re very straightforward — like a warm and delicious pizza. All variations of pizza contain the following basic structure; crust, sauce, cheese, and ...
In my 17 years as a financial advisor, I have found that annuities are one of the most reliable products I can suggest to my clients. This is not just from research, but from my lived experience. In ...
When I’m asked if annuities are a good buy, I reply: It all depends on your situation and your goals. Once you’ve settled on what you want to accomplish, you can decide whether an annuity makes sense ...
An annuity is a contract between an individual and an insurance company in which the individual pays a lump sum or series of payments to the insurance company in return... An annuity is a contract ...
Vanguard has announced a new 401(k) fund that allows older employees to buy annuities. But are these complex financial products right for all retirees?
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