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.

For all the pros that come with purchasing an annuity — a steady income stream, tax-deferred growth and potential survivor benefits — there are also drawbacks. One of the biggest is that annuities ...

Annuities are often marketed as a secure way to earn a retirement income. But do they live up to their hype? One major concern for investors is the frequently hidden costs associated with these ...

Annuities can provide guaranteed income for life, making them an attractive option for retirees and long-term investors. However, before committing to one, it’s essential to understand the costs ...

Annuities can be a solid way to secure guaranteed income in retirement. However, they remain notoriously complex, particularly when it comes to comparing fees. Unlike ETFs or mutual funds, where fees ...

Purchasing an annuity is an easy way to try and guarantee lifelong income. Beware of surprise annuity expenses like a surrender charge or insurance agent commissions. Are you ahead, or behind on ...

While I was Christmas shopping the other day, I was reminded of Christmas a few years ago when my youngest child, Matthew, was 11 or 12 years old. He insisted that all he wanted for Christmas was ...

Variable annuities are in the midst of a major overhaul. In recent months, VA providers have been busy raising fees, decreasing benefits and, in some cases, suspending guaranteed income and withdrawal ...

Annuities are popular investments; almost every new client I see has one. Part of any investment adviser’s due diligence is to understand the history and intentions of the investments in a portfolio.

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 annuity offers a stream of cash flow and the safety that you won’t outlive your income during retirement. Annuities are a popular retirement strategy, and you can buy them from an insurance company ...

Annuities can serve as a defense mechanism against inflation and longevity, making them an important part of the retirement plan.