Retirement Income? Annuities Come Up Short

Retirement Income? Annuities Come Up Short


Turmoil in the stock market. Paltry interest rates at the bank. What are the newly retired to do?

Many are taking a look at buying a fixed annuity instead.

These products let you swap a lump sum for a fixed income for life. They're sold by insurance companies, and have long been considered a safe way to ensure a steady income in retirement.

Comment: Already decided not to go this route.


  1. For the future everyone needs to plan and find ways to save money, but being single presents a few unique prospects and issues to consider.

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