Retirement planning in your mid-50s puts you in an interesting position. You're likely earning well and your career is established, but you're also starting to see the finish line on the horizon. It's ...

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 ...

With rising costs and questions surrounding the sustainability of the Social Security program, more are questioning whether to buy an annuity alongside Social Security. An annuity and Social Security ...

Annuities can be a solid tool for generating guaranteed income in retirement, but they’re not for everyone. Despite promises of financial peace of mind, annuities come with some big trade-offs.

Annuity rates rose by 5.48% in 2025, the latest figures show, an increase worth up to £9,000 extra in lifetime income for a ...

Some people chase stock gains. Others just want to know the bills will get paid. If you've got $100,000 and wonder what kind ...

What’s the key to a successful retirement plan? In my opinion, it’s having a balanced and diversified portfolio. “It’s all about striking the right balance between preservation and growth,” says ...

We may receive commissions from some links to products on this page. Promotions are subject to availability and retailer terms. The main benefit of an annuity is that it acts like a personal pension: ...

If you're nearing retirement and thinking about turning your savings into guaranteed monthly income, a $250,000 annuity might seem like a smart move. An annuity is a financial contract you buy from an ...

Retirement and uncertainty go together about as well as mustard and chocolate. Which is to say, when you have the chance to reduce the variability of your income streams in retirement, it’s worth ...

An annuity can provide you with a steady stream of income, ensuring that you have money when you need it. That’s why many people turn to annuities during retirement, to be sure that they have cash ...

As tax season nears end, now is the ideal time to strengthen your long-term savings and take full advantage of available tax ...