Discover what annuity in advance means, how it functions, and see examples like rent payments that illustrate this type of regular, upfront payment.

Julia Kagan is a financial/consumer journalist and former senior editor, personal finance, of Investopedia. David Kindness is a Certified Public Accountant (CPA) and an expert in the fields of ...

Editorial Note: Forbes Advisor may earn a commission on sales made from partner links on this page, but that doesn't affect our editors' opinions or evaluations. As one nears their retirement age, the ...

There's a long list of reasons why advisors tend to avoid annuities despite reams of academic literature suggesting that, if used correctly, they can be of real help to clients when it comes to ...

One of the biggest decisions anyone has to make for retirement is where to invest money. If you ask 10 different financial advisors, there is a 100% chance you’ll get 10 different answers. This is ...

Purchasing an annuity is an easy way to try and guarantee lifelong income. Beware of surprise annuity expenses like a surrender charge or insurance agent commissions. Are you ahead, or behind on ...

Annuities, a type of guaranteed income, can give you peace of mind in retirement. After all, having an annuity means you can count on a payment arriving regularly regardless of how the stock markets ...

How do you plan on spending your golden years? Perhaps exploring exotic locations or embracing the culture? Or, maybe you want to spend as much time as possible with the grandkids. No matter your ...

One of the most misunderstood investment strategies I've come across over the past 25 years is the variable annuity. When I audit existing variable annuities, I get the facts about them by calling the ...

While annuities may not be right for everyone, there are definite scenarios where they can work out well. An annuity can also be a great stopgap between retirement and Social Security benefits. Are ...