Most Popular Annuities Articles

    Pros and Cons of Annuities - How to Evaluate Annuities for Your Retirement

    Pros and Cons of Annuities – How to Evaluate Annuities for Your Retirement

    The Big Takeaways... Annuities are a great way to provide guaranteed lifetime income in retirement while hedging against inflation and other financial woes. Though less risky, annuities generally yield lower returns than other investment products, and often come with high fees, so it’s important to do your research before buying. You can quickly figure out if an annuity ...

    Are Fixed Annuities a Good Fix for Your Retirement Plan?

    Are Fixed Annuities a Good Fix for Your Retirement Plan?

    It appears that more consumers are turning to fixed annuities as a source of income in retirement, and demand for the product doesn’t seem likely to slow any time soon. Can a fixed annuity fix your retirement plan? When you buy an annuity, you are exchanging a lump sum of money for an agreed upon income stream.  ...

    Suze Orman Talks Annuities Pros and Cons

    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. One ...

    The Best Annuities: What to Look For and Why Buy Them

    The Best Annuities: What to Look For and Why Buy Them

    With the Best Annuities Your Retirement Can Set Sail While investing a big portion of your retirement savings in the stock market can be a risky decision, putting some of that money into an annuity can help ensure you have a steady flow of income for life. There are downsides, but they can be a powerful ...

    5 Mistakes To Avoid When Shopping for Annuities

    5 Mistakes To Avoid When Shopping for Annuities

    Annuities can be a great way to receive steady income in retirement, but because they are complex financial products, it’s best to do some research before purchasing one, financial planners advise. Here are five mistakes to avoid when shopping for annuities: 1. Investing too much money when purchasing If you decide to purchase an annuity, make sure you ...

    Should I Buy an Annuity? 4 Reasons to Make the Purchase and 4 Reasons Not To

    Should I Buy an Annuity? 4 Reasons to Make the Purchase and 4 Reasons Not To

    Depending on who you talk to, you'll get very different answers to the question, "should I buy an annuity?"  In fact, there are some great reasons to buy an annuity, but there are also many people who would advise that annuities are a terrible idea. The truth of course depends on your own goals and finances. What ...

    Annuities -- Can They Provide Enough Money for You to Live Securely in Retirement?

    Annuities — Can They Provide Enough Money for You to Live Securely in Retirement?

    An annuity helps you pay yourself for life. Annuities often get a bad rap, but maybe that's not entirely fair. While some advisers love them, just as many, probably more, warn against them. But there are a lot more options than there used to be, and more ways for you to find a policy that suits ...

    Dangerous? Great? Foolish? The Real Scoop on Lifetime Annuities

    Dangerous? Great? Foolish? The Real Scoop on Lifetime Annuities

    Annuities have a strange reputation. Some people think they are a great way to guarantee income in retirement. Other people think of them as a bad investment. So what's the real scoop on lifetime annuities? Forget everything that you might have heard about lifetime annuities: "They're great, they're dangerous, they're safe, or you ...

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

    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. Longevity Annuities: Like spinach -- you ...

    The 3 Reasons a Lifetime Annuity is the BEST Retirement Investment

    The 3 Reasons a Lifetime Annuity is the BEST Retirement Investment

    When you’re planning for retirement, you’re often trying to determine the best mix of investments for your retirement portfolio. There’s no one-size-fits-all solution, and your planning process has to take into account your own particular situation and needs. One potential investment you may want to consider is a lifetime annuity, and there are a few reasons ...

    Am I Too Young to Buy an Annuity? What is the Right Age for Purchasing an Annuity

    Am I Too Young to Buy an Annuity? What is the Right Age for Purchasing an Annuity

    Annuity purchasers are getting younger, recent data show. And for a good reason, financial planners say. “We’re seeing more knowledge around annuities, and more younger people are using them,” says Chad Noyes, managing director and financial advisor of Chicago-based Hoopis Financial Group, a member of MassMutural Financial Group. An annuity, or insurance product that pays out income ...

    How Does A Lifetime Annuity Work: Lifetime Annuities Explained

    How Does A Lifetime Annuity Work: Lifetime Annuities Explained

    No doubt you have heard of annuities.  In fact, if you are already preparing and planning for retirement, you may even have one. But you may be fuzzy on the details of what exactly a lifetime income annuity is, and how it works. How does a Lifetime Annuity Work? Lifetime income annuities are insurance products designed to ...

    5 Tips for Creating Retirement Income Streams

    5 Tips for Creating Retirement Income Streams

    Americans are living longer than ever. That’s mostly great news for older adults.  You now have more opportunities to enjoy family and enrich your community. However, we are all concerned about outliving our money.  Having retirement income streams to meet expenses for as long as you live is a significant concern. Retirement income streams: Not as ...

    What is a 403(b)?  Is a Tax Sheltered Annuity a Good Investment?

    What is a 403(b)? Is a Tax Sheltered Annuity a Good Investment?

    If you are an employee at a school, church, hospital or other non profit, then you are eligible for a “tax-sheltered annuity” -- also known as a 403(b) plan. (Don't work for a non profit? Learn more about annuities and how to invest in them in a tax advantaged way. ) Your work may influence future generations ...

    Longevity Annuities in Retirement Plans: What Are They? Why Buy Now? For Whom?

    Longevity Annuities in Retirement Plans: What Are They? Why Buy Now? For Whom?

    Thanks to rules passed late last year, longevity annuities may  grow in popularity as a compelling way to plan for retirement -- in particular, a long life in retirement. Longevity annuities have been around for years offering retirees a way to hedge against “longevity risk,” or the possibility of outliving one’s savings. Until recently, there have ...

    Avoid These 5 Big Annuity Mistakes

    Avoid These 5 Big Annuity Mistakes

    People seem to either love 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 annuity could ...

    Fixed Income Annuity: Solve 3 Big Problems with 1 Investment

    Fixed Income Annuity: Solve 3 Big Problems with 1 Investment

    Fixed income annuities can have many key benefits for retirees.  Of all the challenges we face in preparing financially for retirement -- creating a steady income stream, gaining tax leverage, and reducing risk of losing money -- are at the top of the list.And, the promise of fixed income annuities - an investment tool that ...

    3 Reasons Why Lifetime Annuities Are Terrible Investments and 1 Reason to Consider Them for Retirement

    3 Reasons Why Lifetime Annuities Are Terrible Investments and 1 Reason to Consider Them for Retirement

    Investments are hugely important for retirement planning.  "Investing" means putting money into an asset with the expectation that it will grow, produce dividends or generate interest.  Investments are designed to grow your money although most, if not all, forms of investment involve some form of risk. By this definition, annuities are a terrible investment.  Why?  Below ...

    7 Signs Buying an Annuity Makes Sense for You

    7 Signs Buying an Annuity Makes Sense for You

    Prepared for properly, retirement can be a time when well-laid plans to come to fruition, providing the financial foundation for a lifestyle of comfort and leisure. If those are your goals for the next phase of life, you may want to consider if an annuity should be part of your plan. An annuity may provide ...

    Worried About Running Out of Money? New Treasury Rule Makes Longevity Annuities More Appealing

    Worried About Running Out of Money? New Treasury Rule Makes Longevity Annuities More Appealing

    On July 4, an Arkansas woman celebrated her 116th birthday and was named the oldest confirmed living American. While that’s old by any standard, birthday girl Gertrude Weaver is actually the second-oldest person in the world—a sign of global longevity trends; we are living longer now than we ever have before… and paying for these ...