Julia Kagan is a financial/consumer journalist and former senior editor, personal finance, of Investopedia. Dr. Melody Bell is a personal finance expert, entrepreneur, educator, and researcher. Melody ...

An annuity is a financial product that provides a stream of income over a set period. Annuities are often used in retirement planning as a way to generate income from a lump sum investment. However, ...

Julia Kagan is a financial/consumer journalist and former senior editor, personal finance, of Investopedia. Roger Wohlner is an experienced financial writer, ghostwriter, and advisor with 20 years of ...

A six figure nest egg can feel substantial, but when you turn it into guaranteed income, the real question is how much shows ...

Annuities and target date funds are popular assets for households who are either saving for retirement or already in their ...

In the world of finance, an annuity is a contract between you and a life insurance company in which you give the company a lump sum or series of payments, and in return, the insurer promises to ...

When retirement planning with a client, the transition from the accumulation phase (where the focus is on building wealth) to the decumulation phase (where the focus shifts to using that wealth to ...

There is a lot of confusion about annuities. According to a Secure Retirement Institute study, only 25% of respondents to an annuity knowledge questionnaire scored a passing grade (70%). Because of ...

Wealthy investors often have access to opportunities and products that may not be available to the average person. For example, to invest in certain types of unregistered securities or private hedge ...

The best annuity rate on offer in January 2026 for a healthy 65-year-old with an initial pension pot of £100,000 is £7,649 a ...

The key difference between an ordinary annuity and an annuity due is when payments are made, which can affect the overall value. Ordinary annuity payments are made at the end of each period. Annuity ...