With an annuity, you don't have the same kind of flexibility as with a 401(k) or IRA held at a brokerage firm. Liquidity is limited and early withdrawals can trigger surrender charges. Other ...

We may receive commissions from some links to products on this page. Promotions are subject to availability and retailer terms. When it comes to retirement planning, annuities are one of the financial ...

Annuities have a bad reputation due to their complexity, lack of transparency, and limited flexibility. However, for retirees focused on maximizing their spending in retirement, the simplest annuities ...

The retirement planning landscape has shifted dramatically over the past decade. With traditional pensions becoming increasingly rare and Social Security facing long-term funding challenges, Americans ...

The big advantages are mostly for those close to retirement Fact checked by Vikki Velasquez Reviewed by Ebony Howard Do you ...

When retirement planning with a client, the transition from the accumulation phase (where the focus is on building wealth) to the decumulation phase (where the focus shifts to using that wealth to ...

Although annuities aren’t technically investments, such as stocks, they can still be effective savings tools. There is a longer life expectancy and unpredictable expenses always come into play. As ...

Learn how to find the right annuity for your financial situation, risk tolerance, and retirement strategy Nick Gallo has been a financial content marketer and journalist for over six years. He has ...

Outliving your money is one of the biggest financial fears people have going into retirement — and with good reason. From 2010 to 2020, the number of Americans age 85 to 94 grew 12.6 percent and the ...

After a lifetime spent advising others on personal finance, John Kosinski admits that he’d started feeling “smarter than the market.” Then stock prices plunged in 2008, trimming the value of his ...

For many Americans, retirement savings begin and end with 401(k) plans or Roth IRAs. Though these are great retirement accounts and investment options, they aren’t the only ways you can build your ...