immediate annuities

A new study concludes that investors tend to buy annuities at the wrong times. Here's why making decisions based on recent market events -- like last week's stock-market crash -- can take a big toll on your retirement wealth.

Retirement mistake #6 is ignoring immediate annuities. For most retirees, variable annuities and equity-indexed annuities are poor investments. Because of the poor reputation of these products, retirees have shunned immediate annuities. This can be a big mistake. Immediate annuities are simple to...