At its core, a variable annuity is designed to provide a steady stream of income during retirement. But these financial products are more complex, costlier and riskier than other types of annuities.

Many people worry about investing in the stock market as they near retirement. The markets are inherently risky, which can be hard to stomach when you’re preparing to permanently leave your job and ...

Are annuities a smart investment for retirement? Explore the pros, cons and alternatives to see if they align with your financial goals and future plans.

Different types offer different levels of potential risk. Here's how to choose wisely, from an annuities pro.

Some advisors avoid annuities because they say they are complicated. Some say they are expensive. The reasons for not recommending annuities to a particular are many and varied. But experts insists ...

Economic strains and financial-market uncertainties have prompted a growing number of charities to engage in a controversial, but potentially money-saving, practice: giving insurance companies the ...

--Are annuities the way to travel, or are you better off whipping out your trusty IPhone and beckoning a Uber? --Questions…..questions. Okay, so, what are some of the trepidations surrounding ...

It’s guaranteed income, but understand what it will cost you Claire Boyte-White is the lead writer for NapkinFinance.com, co-author of I Am Net Worthy, and an Investopedia contributor. Claire's ...

Pensions, once essential for retirement, have been steadily disappearing. Today, less than one-third of Americans (31%) are retiring with a defined benefit pension plan. If you are fortunate enough to ...