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55 year old from Rochester, NY
A few thoughts:
1) You may want to get a second opinion from a Fee Only financial advisor about whether annuitizing now is a good idea or not. A fee only certified financial advisor only gets paid by you and doesn't have any conflicts of interest.
2) You should ask your current advisor if they will make any extra money if you start to annuitize now (or if they have any other interests besides yours in this decision).
3) You may want to try our NewRetirement Calculator to see what it comes up with in terms of your cash flow needs, which can inform your decision about whether to start your annuity payments.
**All above answers are provided as general information only. No warranty is made regarding the fitness or accuracy of the information provided in this answer. You should seek advice from a licensed CPA, attorney or CERTIFIED FINANCIAL PLANNER™ as to your unique financial situation.