Interest rates are historically low right now. There are a lot of consumers who think they should hold off on buying an immediate annuity until interest rates go up. In an article for CNN Money, Walter Updegrave answered the question should you “Buy an annuity …
Are you one of the people who don’t think you can get any good annuity rates right now? The AARP recently sent out some advertising for an immediate annuity rate of 6.5%. While that is not a bad rate, we were able to find better. …
Financing retirement through annuities is the only way to guarantee income that will last through your lifetime. If they are so beneficial, why aren’t they more popular? Mary Beth Franklin of Investment News says that the simplest of annuity products, immediate annuities, may benefit from …
Now is definitely a good time to purchase annuities, providing you find those that are low cost and have terms you like. This is the conclusion come to by Dan Kaplinger of the Motley Fool, in his article “Is Now a Good Time for Annuities?” …
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