An immediate annuity is an insurance product that provides guaranteed income: You give an insurer a chunk of money, and the company gives you a stream of payments that can last for life. The payments ...

Vanguard's new 401(k) fund allows select people to buy annuities ...

With rising costs and questions surrounding the sustainability of the Social Security program, more are questioning whether to buy an annuity alongside Social Security. An annuity and Social Security ...

Some people chase stock gains. Others just want to know the bills will get paid. If you've got $100,000 and wonder what kind ...

Annuities can be a solid tool for generating guaranteed income in retirement, but they’re not for everyone. Despite promises of financial peace of mind, annuities come with some big trade-offs.

If you're nearing retirement and thinking about turning your savings into guaranteed monthly income, a $250,000 annuity might seem like a smart move. An annuity is a financial contract you buy from an ...

We may receive commissions from some links to products on this page. Promotions are subject to availability and retailer terms. But while annuities are considered a reliable way to ensure financial ...

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 ...

What’s the key to a successful retirement plan? In my opinion, it’s having a balanced and diversified portfolio. “It’s all about striking the right balance between preservation and growth,” says ...