5 Ways to Use Annuities for More Predictable Retirement Income
One of the primary concerns for retirees is having enough predictable retirement income to cover their living expenses once they are retired. Due to the unpredictability of market returns and interest rates, many are turning to annuities, contracts between an individual purchaser and an insurance company.
Diversifying Beyond the Market: Why Investors Are Purchasing Annuities in 2025
Annuities have emerged as a suitable insurance product for many in recent years. 2025 has been particularly pivotal, with a significant rise in individuals purchasing annuities. This article explores this trend and why investors are purchasing annuities to add to their retirement income strategy.
The Retirement Wave and Fixed-Indexed Annuities
As we move into the 21st century, we observe the rise of the “Retirement Wave.” According to AARP International, many of the baby boomer generation are now transitioning into retirement, with about 10,000 people turning 65 daily. This significant demographic shift is fundamentally changing the landscape of retirement planning, including using fixed-indexed annuities.
Annuity Riders: Which Ones Are Suitable for You?
Annuities are a contract with an insurance company that provides a steady stream of income to the insured. Annuities are potentially for life. They can be an important part of retirement income planning for many individuals.
Annuities 101: Benefits of Annuities and Their Drawbacks
Annuities, insurance products issued by insurance companies, are often recommended by insurance and financial professionals to investors. They are designed to provide a steady income stream in retirement. While there are benefits of annuities, they also have drawbacks that investors should consider.