If you’ve ever wondered what is an annuity and whether it belongs in your retirement plan, here’s the short answer: It’s a financial product, usually sold by insurance companies, that turns your money ...

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

Annuity plans don’t promise high returns, but they do offer something many retirees value more, a predictable income that doesn’t depend on markets.

There are so many different options when considering the resources available to help you get over the hump of retirement. The task of leaving the workforce is essentially one of replacing income.

Over the past several decades, society has undergone a notable cultural shift — one marked by the transition from full-service gas stations to self-service pumps. This evolution reflects a broader ...

Social Security replaces about 40% of pre-retirement wages for typical earners. Annuities provide guaranteed lifetime income similar to Social Security but require upfront payment to an insurance ...

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 ...

In my 17 years as a financial advisor, I have found that annuities are one of the most reliable products I can suggest to my clients. This is not just from research, but from my lived experience. In ...

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 ...