FILE - This undated file photo provided by NerdWallet shows Liz Weston, a columnist for personal finance website NerdWallet.com. When you purchase an immediate annuity, you’re paying a lump sum now in ...

If you want to become educated regarding all types of annuities, I recommend you go to the website of Stan Haithcock at stantheannuityman.com. You can request, at no cost to you, brochures on every ...

Investing in a $400,000 annuity can provide a steady income stream in retirement, but how much you'll receive depends on various factors. Here's a comprehensive breakdown of what you can expect and ...

'I will be comfortable spending $250,000 annually on more than $4 million in investments' "I will also have $2.5 million expected in post-tax cash from liquidating my business interests." (Photo ...

Annuities are financial products that can serve as reliable sources of retirement income. Financial advisors frequently debate the pros and cons of annuities, but many retirement savers appreciate the ...

Angelica Leicht is the senior editor for the Managing Your Money section for CBSNews.com, where she writes and edits articles on a range of personal finance topics. Angelica previously held editing ...

Angelica Leicht is the senior editor for the Managing Your Money section for CBSNews.com, where she writes and edits articles on a range of personal finance topics. Angelica previously held editing ...

The potential for loss makes buying an immediate annuity scary, especially for people with health issues. Listen to your brother. An immediate annuity in its purest form pays a fixed sum of money at ...

Annuities are a popular option for individuals looking to secure a stable income in retirement. By providing regular payments over a specified period, annuities offer peace of mind and financial ...

An immediate annuity is an insurance product that provides guaranteed income: You give an insurer a chunk of money, and the company gives you a stream of payments that can last for life. The payments ...

I started thinking about retirement about 42 years ago when I opened my first IRA at 23. Since then, I have had some good years and lean years. I am now within a year of retiring at 66. It strikes me ...