Annuities News, Information and Guidance

Pros and cons of annuities

Suze Orman Talks Annuities Pros and Cons

When it comes to investing, there is no right answer for everyone. Financial guru, Suze Orman warns those saving for retirement that taking action based on finance myths can get you into trouble when reality sets in. As the economic climate begins to change, so will the way that people need to save for retirement….


Avoid These 5 Big Annuity Mistakes

People seem to either annuities or hate them. According to Kiplinger, only about 8 percent of Americans get any sort of retirement income from private annuities, even though there are some definite benefits to owning one. The problem might be the misconceptions surrounding them. If you don’t go in with your eyes open, an…


Why Annuities Are the New Must Have Financial Product

Believe it or not, different financial strategies can be in style or out.  But unlike the arbitrary whims of fashion, financial trends usually have very logical reasons for being popular. Annuities are not new players in the retirement planning game. They are an insurance product that many have used successfully to guarantee income in retirement….


Qualified Longevity Annuities Contract (QLAC): Why QLAC is Good for You!

Do you know what an annuity is? While annuities are not the only solution to being financially prepared for retirement, they are a tool you should be aware of. Recent research has shown that a version of an annuity, a Qualified Longevity Annuity Contract (QLAC), can boost your retirement readiness. More than half of Americans…

Annuities pros and cons

Annuities Pros and Cons: Are they More Good than Bad?

There appear to be only two annuities camps: Those who them, and those who hate them. It’s not that cut and dried, though. Any investment has its pros and cons. The same applies to annuities, and there might be one that suits your retirement plan perfectly. If you’re thinking about expanding your retirement portfolio,…

For the relaxed retirement you want, an annuity might be necessary.

Annuities: The New Pension and Why You Need One

Retirement times are changing, and gone are the days when workers could rely on steady pensions to take them through their aging years. Indeed, fewer people are retiring with the promise of a pension, or regular payment made during a person’s retirement from an investment fund to which that person or his or her employer…

Buying an annuity

Why Buying an Annuity is Safer Than Going it Alone

Spend money on an annuity, and you could save money in the long run. There’s an age old theory that says if you can insure yourself through savings, you’re better off than purchasing insurance from someone else. Buying an annuity is essentially buying an insurance policy. So might it be a good idea to fund…

Retirement options

An Annuity Calculator Might Reveal Better Retirement Options

When it comes to annuities, there tend to be two sides: those that annuities and incorporate them into their retirement portfolio, and those that think they are a bad investment. As with any financial decision, it is important to get all of the information you need to make an educated decision on whether or…


How Annuity Rates Can Dramatically Alter Your Retirement

Annuities can be a great addition to any retirement plan, and many people decide to invest in annuities because they can offer higher payouts than other investments and typically have less risk. One thing to consider before buying an annuity is how annuity rates will affect your investment and, ultimately, your retirement income. Annuity rates…

Retirement plan

Should an Annuity be in Your Retirement Plan?

Many people decide to include annuities as part of their retirement portfolio. These investments can often be a great way to complement other retirement income, such as pension plans and Social Security payments. But is an annuity right for you? It’s important to understand the advantages and disadvantages before investing.     Advantages of Annuities…