Pros and Cons of a Do-It-Yourself Annuity in Retirement - News Summed Up

Pros and Cons of a Do-It-Yourself Annuity in Retirement


I’m approaching retirement, and the turmoil in the markets this year has me thinking, for the first time, about buying an annuity. I like the idea of predictable income, but I don’t like the idea of handing my money, permanently, to an insurance company. What do you think about a person building his or her own annuity? Yes, there are ways to create an annuity. And I think it’s wise to consider how an annuity might help you and your nest egg.


Source: Wall Street Journal September 05, 2020 08:03 UTC



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