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Why annuities are often misunderstood — and what they actually do

THE STREET·May 26 ago·3 min read
Photograph via The Street
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A stable retirement depends on having income that continues no matter how long you live. A traditional 401(k) helps you build savings, but it is only one component of a retirement strategy. Eventually, those savings still need to generate reliable income. An annuity is designed to help solve that …

A stable retirement depends on having income that continues no matter how long you live. A traditional 401(k) helps you build savings, but it is only one component of a retirement strategy. Eventually, those savings still need to generate reliable income. An annuity is designed to help solve that …

A stable retirement depends on having income that continues no matter how long you live. A traditional 401(k) helps you build savings, but it is only one component of a retirement strategy. Eventually, those savings still need to generate reliable income. An annuity is designed to help solve that …

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