fixed annuity

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.

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?

Fear driving people to fixed annuities

One of the worst things you can do with your money right now is lock it up in an investment while the interest rates are so low. But that's exactly...