At first glance, annuities may seem like the Swiss Army knife of retirement planning — abounding in helpful features. While they can’t help you open a can in the Alps, they can help provide guaranteed ...
Annuities give you a guaranteed stream of income in retirement, but they aren’t created equal. With hundreds of annuities in the market to choose from, some will cost you more than others. It doesn’t ...
Annuities are often marketed as a secure way to earn a retirement income. But do they live up to their hype? One major concern for investors is the frequently hidden costs associated with these ...
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 ...
This post may contain links from our sponsors and affiliates, and Flywheel Publishing may receive compensation for actions taken through them. Meet Jennifer, a 52-year-old public relations executive ...
Annuities provide a guaranteed monthly income for life, making them an increasingly popular strategy for Americans worried about outliving their savings in retirement. Total U.S. annuity sales reached ...
People give him a funny look when he admits he has one, said Shane Fischer, 37, of Winter Park, Fla. It’s a trap, they warn him. The fees will eat you alive. And besides, aren’t you too young? But ...
For the first time ever, bank holding companies (BHC) were required by the federal government to report annuity fees and commissions—and it turns out Wachovia earned more than any other BHC. Wachovia ...
Lindsey Crossmier has been a financial writer since 2022, and has been regularly quoted as an expert in outlets such as U.S. News, GOBanking Rates and Yahoo! Finance. She leverages her Yale financial ...