Julia Kagan is a financial/consumer journalist and former senior editor, personal finance, of Investopedia. Dr. Melody Bell is a personal finance expert, entrepreneur, educator, and researcher. Melody ...

An annuity is a financial product that provides a stream of income over a set period. Annuities are often used in retirement planning as a way to generate income from a lump sum investment. However, ...

Julia Kagan is a financial/consumer journalist and former senior editor, personal finance, of Investopedia. Roger Wohlner is an experienced financial writer, ghostwriter, and advisor with 20 years of ...

A six figure nest egg can feel substantial, but when you turn it into guaranteed income, the real question is how much shows ...

Annuities and target date funds are popular assets for households who are either saving for retirement or already in their ...

Annuities can manage one’s funds in order to receive fixed income amounts for an extended period of time, which can be ideal for retirees and people who are uninterested or too intimidated to directly ...

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 ...

With rates likely to start falling soon, locking in the highest annuity rates in over 20 years might seem appealing. Annuities are complex financial tools that can provide a guaranteed income stream ...

Wealthy investors often have access to opportunities and products that may not be available to the average person. For example, to invest in certain types of unregistered securities or private hedge ...

Annuities are often purchased to help secure a reliable stream of income in retirement. Life insurance companies are the primary provider of annuities. Each company on our list offers a variety of ...

Ashley Donohoe is a personal finance writer, Financial Planning and Wealth Management Professional and Certified Financial Education Instructor based in Cincinnati. She covers banking, loans, ...

The key difference between an ordinary annuity and an annuity due is when payments are made, which can affect the overall value. Ordinary annuity payments are made at the end of each period. Annuity ...