Julia Kagan is a financial/consumer journalist and former senior editor, personal finance, of Investopedia. Roger Wohlner is an experienced financial writer, ghostwriter, and advisor with 20 years of ...

Julia Kagan is a financial/consumer journalist and former senior editor, personal finance, of Investopedia. Roger Wohlner is an experienced financial writer, ghostwriter, and advisor with 20 years of ...

An annuity is a financial product that provides a stream of income over a set period. Annuities are often used in retirement planning as a way to generate income from a lump sum investment. However, ...

We may receive commissions from some links to products on this page. Promotions are subject to availability and retailer terms. Take 401(k) plans and annuities, for example. A 401(k), which is a ...

Preparing for retirement can be pretty tough in today's economic climate. With higher-than-ideal inflation continuing to impact everything from groceries to healthcare costs, and Social Security ...

For many, guaranteed income makes an annuity a desirable retirement choice. The biggest concern with annuities is that you can miss out on big returns during bull market runs. Are you ahead, or behind ...

For any baby boomer looking to ensure they have enough money to live while retired, being sold an annuity feels like a dream come true. The idea that you can purchase guaranteed, lifelong income with ...