If you’re looking for a guaranteed stream of income in retirement, an annuity might be on your radar. You might even be considering investing a sizable chunk — say $500,000 — to secure reliable ...

For many retirees, the biggest financial fear isn’t a market crash — it’s running out of money. One way to lock in predictable income for life — and avoid the nightmare of running out of money in ...

When you’re looking ahead to retirement, the limitations of Social Security are one of the key things to be aware of. The sad ...

The idea of running out of money at some point in life can be scary. But as good a job as you might do of saving for retirement, there’s unfortunately no guarantee that your nest egg will last as long ...

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 ...

A recent paper from the National Bureau of Economic Research explored a guaranteed payout path involving defaulting 20% of a retiree’s assets greater than a certain threshold into an immediate annuity ...

Receiving regular pension checks throughout retirement is a dream most Americans have long given up on. There will likely be Social Security checks, but those generally can't fund a very comfortable ...

From being looked upon as just an instrument for fixed returns, annuities have come a long way to represent financial ...

Jeanette Beebe is an experienced journalist, fact-checker, and audio producer covering personal finance, retirement, science, business, medicine, technology, and the arts. Her reporting has appeared ...

The two main types of annuities are "fixed" and "variable." Fixed annuities pay interest rates comparable to bank CDs in the accumulation phase, while during the payout phase, or annuitization, the ...

Retirement planning is complicated. Fewer retirees can rely on pensions, so more people have to find retirement income elsewhere and navigate issues like managing taxes while withdrawing from ...

Of course, with any federal process, you’ll have forms to fill out. If you are a Federal Employee Retirement Systems (FERS) ...