Annuities provide insurance against longevity risk. Image: Northeast Underwriters. Many people have trouble understanding annuities, but at their core, certain types of annuities can help you address ...

While annuities are not new to the retirement income marketplace, potential clients still hesitate to adopt them, even though ...

A recent WSJ article recommended that annuities be a default option in retirement plans. The author responds to readers’ ...

Following the 4% withdrawal rule, it would take a typical retirement savings of $1 million to provide a $40,000 annual income ...

An immediate annuity is an investment that begins paying out distributions the same year you deposited funds. Withdrawals can begin as soon as one month after you make your initial payment. Immediate ...

An immediate annuity is an insurance product that provides guaranteed income: You give an insurer a chunk of money, and the company gives you a stream of payments that can last for life. The payments ...

How do you plan on spending your golden years? Perhaps exploring exotic locations or embracing the culture? Or, maybe you want to spend as much time as possible with the grandkids. No matter your ...

If you don’t have a pension from your company when you retire but need to set up a steady stream of income, you may consider purchasing an immediate annuity. This is essentially an insurance plan that ...

They’re not just a reliable source of retirement income—one study says they may make you happier, too ...

David Rodeck is a financial journalist based in New York City specializing in banking, investing and financial planning. Before writing full-time, David was a financial adviser and passed the Series 6 ...

How do you plan on spending your golden years? Perhaps exploring exotic locations or embracing the culture? Or, maybe you want to spend as much time as possible with the grandkids. No matter your ...