David Rodeck is a financial journalist based in New York City specializing in banking, investing and financial planning. Before writing full-time, David was a financial adviser and passed the Series 6 ...

Sales of immediate annuities and whole-life insurance policies will increase this year as boomers nearing retirement seek reliable income streams that aren't subject to the whims of the market. “The ...

An annuity is a financial product designed to provide regular payments to an individual over a specified period. These are usually sold by insurance companies and can be purchased with a lump sum or a ...

Julia Kagan is a financial/consumer journalist and former senior editor, personal finance, of Investopedia. Yarilet Perez is an experienced multimedia journalist and fact-checker with a Master of ...

A variable annuity is a form of annuity that provides consistently timed payments to the annuity holder in potentially varying amounts. A variable annuity is a type of annuity that provides periodic ...

A fixed annuity provides a guaranteed income stream. Payouts can be immediate or deferred. Drawbacks include limited upside. Annuities can help ensure your retirement savings last your entire life.

A 26.74% decline in client acceptance odds for annuities suggests retirement-focused advisors should "flip the script" on ...

As more Boomers retire and seek guaranteed sources of income for life, sales of immediate annuities are picking up—primarily fixed immediate annuities. First quarter fixed immediate annuities sales ...

Annuities can be a powerful tool for retirement planning, but they can easily feel complex and overwhelming if you’re unfamiliar with the terminology. Here’s a breakdown of the most common annuity ...

An index immediate annuity caps both your potential gains and losses, so there is less volatility in your income than you’d have with a variable annuity. As a result, you’ll earn less in good years ...