Should you use some or all of your retirement savings to buy an income annuity? That's the question we look at in this video. Called a Single Premium Immediate Annuity, these annuities don't come with all of the fees and complexities of other annuity products. Yet it can still be difficult to decide if you need one, when you should buy it, and how much you should invest.

In this video I'll share annuity calculators, an annuity formula and a number of resources that can help you decide whether an income annuity is right for you in retirement.

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