Retirees Should Run Away From These So-Called 'Investments'
Annuities have high fees and low liquidity; they're often better for brokers than investors.
Consider low-cost mutual funds or treasury funds for more flexibility.
Avoid annuities unless absolutely necessary.
Annuity vs 401(k): Which Vehicle Is Actually Better for Your Retirement?
Choosing between a 401(k) and an annuity significantly affects retirement income, as each has unique benefits and risks.
Annuity vs IRA: Which Vehicle Is Actually Better for Your Retirement?
Annuities provide guaranteed income for retirement, while IRAs may offer higher rewards but with more risk.
Are annuities a good investment?
Annuities can provide guaranteed income in retirement but have potential drawbacks including high fees and complex terms.
Qualified vs Non-Qualified Annuities: The Key Differences to Know
Understanding the differences between qualified and non-qualified annuities is essential for retirees to make informed decisions regarding their post-retirement income.
I'm 55 years old with $300k in investments and not sure what to do with it or how to use it effectively
Consulting with a financial advisor or institution is crucial before making decisions about retirement savings.
Retirees Should Run Away From These So-Called 'Investments'
Annuities have high fees and low liquidity; they're often better for brokers than investors.
Consider low-cost mutual funds or treasury funds for more flexibility.
Avoid annuities unless absolutely necessary.
Annuity vs 401(k): Which Vehicle Is Actually Better for Your Retirement?
Choosing between a 401(k) and an annuity significantly affects retirement income, as each has unique benefits and risks.
Annuity vs IRA: Which Vehicle Is Actually Better for Your Retirement?
Annuities provide guaranteed income for retirement, while IRAs may offer higher rewards but with more risk.
Are annuities a good investment?
Annuities can provide guaranteed income in retirement but have potential drawbacks including high fees and complex terms.
Qualified vs Non-Qualified Annuities: The Key Differences to Know
Understanding the differences between qualified and non-qualified annuities is essential for retirees to make informed decisions regarding their post-retirement income.
I'm 55 years old with $300k in investments and not sure what to do with it or how to use it effectively
Consulting with a financial advisor or institution is crucial before making decisions about retirement savings.
Should Mega Millions jackpot winners take a lump-sum payout or annuity?
Choosing the annuity option can lead to greater long-term financial security compared to the immediate lump-sum payment, which may lead to overspending.