Survey after survey shows that retirees want lifetime income. Income annuities—products that convert a lump sum balance into a stream of income cash flows—deliver just that, which is why they are ...
There is a good chance that annuities have come up in any retirement discussion or when you sat down with a financial advisor. And, for good reason. Annuities are often promoted to guarantee a steady ...
Vanguard's new 401(k) fund allows select people to buy annuities ...
Retirees don’t have many permanent streams of income to count on in retirement other than Social Security. While you hope you’ve saved enough in your retirement accounts, economic changes can ...
Mutual fund companies are increasing access to a type of investment that provides guaranteed income for life. Last week, mutual fund firm and index investing pioneer Vanguard announced a new line of ...
Guaranteed streams of income may seem a ‘no-brainer’ for retirees and sponsors, but hesitation to embrace one form of guaranteed income—in-plan annuities—persists. While annuities are not new to the ...
Nonportfolio income sources like Social Security and annuities can help investors during periods of market volatility. Giles: Before we go any further, what are the main types of guaranteed income ...
Things change over the course of four years - even the feelings of more than two thousand 401(k) participants when it comes to guaranteed lifetime income. When asked in 2021, fewer than six in 10 ...