• Steve 


    San Francisco, CA

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  • Hi,

    Here are some considerations for this decision:
    1) Do you have enough income in retirement and will a deferred annuity help you cover any retirement income gap?

    2) How much do you want to invest in an annuity? Interest rates are at historical lows right now, so fixed annuities have relatively low return rates. You can explore this further here:

    3) What kind of annuity is it and are you getting efficient pricing?

    4) Are you comfortable with the credit worthiness of the annuity issuer?

    You can find more details here:

    You may also want to talk with a fee only financial advisor - you can research them here:

    Good luck!

  • Login to rate this answer:   Answered on 6/18/2012
**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.