Annuities vs CDs: How to Choose the One That Makes the Most Sense for You
Briefly

from 24/7 Wall St.3 weeks ago
Annuities and certificates of deposit (CDs) are increasingly popular among retirees amidst a climate of low-risk investment, reassuring them with stable interest rates.
24/7 Wall St.https://247wallst.com/personal-finance/2025/01/09/annuities-vs-cds-how-to-choose-the-one-that-makes-the-most-sense-for-you/
The recent popularity surge in annuities and CDs suggests that retiring individuals prefer security over potential high returns in today's uncertain economic landscape.
24/7 Wall St.https://247wallst.com/personal-finance/2025/01/09/annuities-vs-cds-how-to-choose-the-one-that-makes-the-most-sense-for-you/
While annuities and CDs guarantee lower-risk returns, the trade-off includes illiquidity, which means accessing funds may become difficult if immediate cash is needed.
24/7 Wall St.https://247wallst.com/personal-finance/2025/01/09/annuities-vs-cds-how-to-choose-the-one-that-makes-the-most-sense-for-you/
Retirees should consider their individual risk profiles, as the choice between an annuity and a CD ultimately depends on personal financial strategies and needs.
24/7 Wall St.https://247wallst.com/personal-finance/2025/01/09/annuities-vs-cds-how-to-choose-the-one-that-makes-the-most-sense-for-you/
Read at 24/7 Wall St.
#retirement #investments #annuities #certificates-of-deposit #financial-security
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