An annuity offers guaranteed income for a set period of time. There are several types of annuities to choose from-with fixed annuities and index annuities being two of the most popular options. While ...

Lindsey Crossmier has been a financial writer since 2022, and has been regularly quoted as an expert in outlets such as U.S. News, GOBanking Rates and Yahoo! Finance. She leverages her Yale financial ...

A fixed annuity provides a guaranteed income stream. Payouts can be immediate or deferred. Drawbacks include limited upside. Annuities can help ensure your retirement savings last your entire life.

A fixed index annuity (FIA) balances between security and growth potential by linking returns to a stock market index while ...

Fixed indexed annuities tie their performance to a stock market index. They offer principal protection and steady income in retirement. Fixed indexed annuities typically limit the returns you can earn ...

Retirees typically use them to diversify their income streams once they leave the workforce. Some annuities even pay out for the remainder of your life, protecting you against superannuation (the risk ...

Retirement and uncertainty go together about as well as mustard and chocolate. Which is to say, when you have the chance to reduce the variability of your income streams in retirement, it’s worth ...

As you plan for retirement, you may set a goal to accumulate a $1 million nest egg. If you put that money into an annuity, you could expect a steady monthly income. That’s an appealing prospect, ...

After years of diligently saving, watching markets rise and fall and checking retirement calculators with cautious optimism, many near-retirees now face a real challenge: turning savings into ...

We may receive commissions from some links to products on this page. Promotions are subject to availability and retailer terms. Not all annuities — or annuity rates — are created equal, though. In ...

Are you concerned about running out of money in retirement? While it’s great news that people are living longer than ever–it makes planning for retirement much more difficult. Read More: 5 Genius ...