Annuities

7 Alternatives to Investing in the Stock Market

The stock market is a great investment if you have a long time horizon. But should you stick with stocks once you retire? Most financial advisers recommend cutting back on equities as you get older -- but that money has to go somewhere productive. Here are seven investment alternatives.

CDs or Annuities: Which Is the Smarter Investment?

For conservative investors, bank certificates of deposit are a time-tested favorite for providing income. But fixed annuities seem to offer similar terms with better rates, so which investment is the smarter way to get the income you need?

10 Common Money Problems That Need Fixing Now

The election may have put economic issues like the fiscal cliff in the spotlight, but there are still plenty of consumer-level financial pain points that need fixing. Here are 10 of the most common consumer money problems.

Today's Retirement Myth: $1 Million Is Enough

$1 million is a lot of money, but assuming that should be your retirement funding goal can be dangerously simplistic. So before you spend the next few decades over- or under-saving, assess whether $1 million is enough -- or too much -- to fund your plans.

Should You Cash in an Annuity to Pay Off Your Debts?

Stacy is on a fixed income. She could free up more cash if she paid off her credit cards and mortgage. Should she cash in an annuity to make that happen? DailyFinance's Laura Rowley explains the key factor Stacy should consider in making the decision.

11 New Rules for Fiscal Survival in a Weak Economy

That simple wait-and-see game plan we adopted when we believed recovery was just around the corner? Not cutting it anymore -- if it ever did. It's time for new strategies to win in the New Normal. Here's a rundown of ideas that once worked to which it's time to say goodbye, and the current wisdom for replacing them.

Harvard Endowment Has an Excellent Year

F. Scott Fitzgerald wrote: "Let me tell you about the very rich. They are different from you and me." He was right: The rich get better returns on investment. The Harvard endowment rose 21.4% to $32 billion in the university's fiscal year, which ended on June 30.

Does an Annuity Make Sense for Your Retirement Portfolio?

People nearing retirement now face a volatile stock market on the one hand and weak returns on their savings on the other. Fixed annuities offer a guaranteed stream of income, but there are downsides. Economist Brett Hammond of TIAA-CREF discusses how an annuity can fit into your portfolio, and some pitfalls to avoid.

Why Investors Pick Wrong Times to Buy Annuities

A study by Alessandro Previtero, a finance professor at University of Western Ontario, has found that investors are likely to buy annuities at the wrong times. Making decisions based on recent market events -- like last week's stock-market crash -- can take a big toll on your retirement wealth.

For Retirement Planning, Words Matter

In matters of life and death, it turns out that semantics matters. When researchers asked people what age they would "live to," compared with what age they would "die by," people's expectations shot up by an average of nine years. Here's why that could have a big impact on annuities.

Are Annuities the Right Choice for Your Retirement?

With memories of the stock market's 2008 tumble still fresh in investors minds, many are scared of stock and are seeking "guarantees" instead of chasing returns. Because of this, for many, annuities have never looked more tempting. But is an annuity a good choice for you?

Health Care Reform's Hidden Tax on Annuities

The Obama administration is trying to encourage people to buy annuities for retirement. But a little-noticed provision of the new health care reform law slaps a 3.8% tax on payouts from certain annuities. And, not surprisingly, the life insurance industry isn't happy about that.

Guaranteed Retirement Income Bill Likely in 2010

Investor losses over the last 18 months have made it clear that passing guaranteed retirement income legislation will become a major theme for the investment community as we begin the next decade.

Dan Solin: The Lowdown on Annuities

There are many different kinds of annuities. I am going to describe the two most popular ones: deferred variable annuities and equity-indexed...