We may receive commissions from some links to products on this page. Promotions are subject to availability and retailer terms. But while it's imperative to have a solid plan in place for your ...

An annuity is a contract with an insurance company that gives you an income stream. You can buy an annuity with a single payment or a series of payments. Annuities come in many forms with varying ...

John Egan is a veteran personal finance writer whose work has been published by outlets such as Bankrate, Experian, Newsweek Vault and Investopedia. Michael Adams is a former Cryptocurrency and ...

The purpose of annuities is to create a guaranteed fixed income stream, either now or in the future, as part of your investment portfolio. While many older investors use annuities to create a ...

“Annuity” is one of those words that we think of as being discussed at the “grownups’ table.” Primarily used as a guaranteed income stream during retirement, in today's current climate of bank ...

Annuities give you a guaranteed stream of income in retirement, but they aren’t created equal. With hundreds of annuities in the market to choose from, some will cost you more than others. It doesn’t ...

Annuities are financial products that can serve as reliable sources of retirement income. Financial advisors frequently debate the pros and cons of annuities, but many retirement savers appreciate the ...

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 ...

Investopedia contributors come from a range of backgrounds, and over 25 years there have been thousands of expert writers and editors who have contributed. Suzanne is a content marketer, writer, and ...

Some advisors avoid annuities because they say they are complicated. Some say they are expensive. The reasons for not recommending annuities to a particular are many and varied. But experts insists ...

Americans are increasingly worried about having enough money in retirement. In a 2025 Northwestern Mutual survey, more than half of respondents (51%) said it was somewhat or very likely that they ...