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5 Times an Annuity Makes Sense for Retirement

March 10, 2017

From the U.S. News & World Report website

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When it comes to investing for retirement, annuities tend to get a bad rap. Not only do some annuities come with high fees that are hard to justify, but they are notoriously difficult (or impossible) to liquidate when you need cash. Further, some annuities are so complex that even experienced investors can hardly understand them.

So, should you even bother with an annuity? Well, it depends. Not all annuities are created equal. It might be worth giving them a chance if your retirement goals fall under a specific set of criteria. For certain types of investors heading toward retirement, annuities might even be one of the best options available.

Here are some of the situations where annuities work best:

From → Finance

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