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 ...

How to know whether annuities fit into your retirement plan.

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 ...

Vanguard's new 401(k) fund allows select people to buy annuities ...

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.

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 ...

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: ...

Life insurance and annuities allow individuals to invest tax-deferred, but they pay policyholders differently. Learn how each works.

For starters, you will pay fees and may sacrifice higher returns for an annuity’s stability and guarantees. Here's what else you need to know in order to make an informed decision.