Amid today's unusual economic environment, many retirees and near-retirees are shifting their retirement planning from growth to stability. With market instability becoming more common, inflation ...

We may receive commissions from some links to products on this page. Promotions are subject to availability and retailer terms. And, for seniors already in their mid-70s, securing reliable monthly ...

Think of a fixed annuity as a sort of "reverse" life insurance contract. A fixed annuity essentially turns an up-front, lump-sum investment (the premium) into a known amount of monthly income for the ...

A lot of retirees use annuities to simplify their income stream in retirement but that doesn't mean annuities are simple. Beyond choosing what kind of annuity to purchase – immediate vs. deferred and ...

When it comes to retirement planning, everyone has their own goals in mind, but one thing nearly everyone wants is predictable income. And, at a time when the stock market seems to swing on every ...

Learn what annuities are, how fixed, variable, indexed, immediate, and deferred annuities work, and how they can help provide steady retirement income.

When planning for your retirement, there are a lot of options available to you. One is to include an annuity. If you’re considering an annuity, you may be wondering how much monthly income you could ...

An annuity is a contract between you and an insurance company where you’ll receive guaranteed income for a set period of time in exchange for monthly premiums or a lump sum investment. Annuities are ...

When you need another stream of income for retirement, you might consider an annuity. You purchase the annuity from an insurance company and receive payments back at a later date. Before buying an ...

A century ago, money from Andrew Carnegie created Teachers Insurance & Annuity Association to pay pensions to schoolteachers, professors and other people who work at nonprofit organizations. In the ...

Forbes contributors publish independent expert analyses and insights. I write about consumer finance with micro and macro perspectives. As the only way in which retirees can profit by sharing ...

Fixed annuity rates of return are near all-time lows, but they provide a valuable safety net for retirees. Here's how fixed annuities work, and the monthly income you can expect by age and gender.