Retire with MONEY

May 19, 2020 "Annuities Offer Retirees Peace of Mind in Choppy Markets. But They Come at a Cost"

05.19.2020 - By MoneyPlay

Download our free app to listen on your phone

Download on the App StoreGet it on Google Play

Annuities Offer Retirees Peace of Mind in Choppy Markets. But They Come at a Cost by Ingrid Case When the markets take a stomach-tightening dive, many investors head for the perceived safety of annuities. These insurance products offer the promise of guaranteed income, an attractive proposition for many retirees in a volatile market. Variable annuity sales rose 16% in the first quarter over the same period last year.

More episodes from Retire with MONEY