An annuity can give you guaranteed income, but choosing the wrong one could create a liquidity problem. Here's what not to do ...

An annuity offers a stream of cash flow and the safety that you won’t outlive your income during retirement. Annuities are a popular retirement strategy, and you can buy them from an insurance company ...

For any baby boomer looking to ensure they have enough money to live while retired, being sold an annuity feels like a dream come true. The idea that you can purchase guaranteed, lifelong income with ...

Because of higher interest rates, inflation and newer annuity products, you could get a better deal today. Don't wait, though ...

For example, a $500,000 immediate annuity could ... the worth of their annuity payments 44% were concerned about annuity costs and fees 32% were worried about the lack of access to their money ...

If you’re going to consider the insured annuity idea you should do this with non-registered investments. Using the assets in ...

However, the decision to exchange your annuity should not be taken lightly and may even have financial consequences. Unfortunately, it’s not as simple as cashing out and moving on to another savings ...

For example, if you have an annuity with a $100,000 premium, your agent would earn $5,000 if they earned a 5% commission. This cost is usually included in the contract and is not an out-of-pocket ...

For example, an annuity might have a current rate of 6 percent ... maintain competitive rates over time based on performance and costs, others use the higher first-year rate as a temporary incentive.

Annuities can be a useful, albeit expensive financial tool to manage retirement income if one cannot or is reluctant to ...