Learn what annuities are, how fixed, variable, indexed, immediate, and deferred annuities work, and how they can help provide steady retirement income.

Social Security replaces about 40% of pre-retirement wages for typical earners. Annuities provide guaranteed lifetime income similar to Social Security but require upfront payment to an insurance ...

A secondary annuity can provide a much larger cash flow than a standard annuity. For all practical purposes, it functions the same way. Yet, they are little known. Secondary Annuities are complex and ...

Non-traded REITs and annuities can provide a lifetime income stream with a principal that could possibly grow over time, leaving a richer legacy for your heirs. In today’s investment world, finding ...

Julia Kagan is a financial/consumer journalist and former senior editor, personal finance, of Investopedia. David Kindness is a Certified Public Accountant (CPA) and an expert in the fields of ...

Your article was successfully shared with the contacts you provided. Equitable Holdings Inc. is yet another life insurer talking about how it will adjust its products to help it sail into the ...

Cash Flows for Retirement: The CoRI™ Retirement Index (CoRI Index by BlackRock (BLK)) provides a daily "level" that can be used to calculate -- as early as 10 years before retirement -- an estimate of ...

A guaranteed lifetime annuity provides consistent payments for the rest of your life. The amount you receive each month depends on your age, gender and whether the annuity is for one person ...

Annuities are complicated. And the jargon that professionals use to discuss them does not help. That’s because the word “annuity” actually refers to a broad range of financial products. To help ...

Note: This article is part of Morningstar.com's 2020 special report, "Are You Able to Retire?" If you’ve been following the discussion about safe withdrawal rates, you’ve probably been a bit ...

There's a reason so many retirees appreciate having Social Security. Those benefits not only provide steady, reliable income, but they're also guaranteed for life. The same can't be said for your IRA ...