Are Fixed Income Annuities a Good Investment?

Published July 26, 2019

Fixed income annuities are a good investment for those looking for guaranteed lifetime income in retirement.

An income annuity is a lifetime income guarantee (typically paid monthly for the rest of your life) that you purchase from an insurance company as a way to reduce the risk that you run out of money in retirement. Fixed income annuities generally do not have any liquidity (access to funds outside of the monthly check), so are only appropriate for those who don’t need or desire access to all of their retirement funds in case of an emergency.

To see how much income is available to you based on your age, gender, and premium level, use the free fixed income annuity quote tool.

If you’re interested in reading more, here are several articles on fixed income annuities.

Blueprint Income

Blueprint Income

Financial Planning Professional

We are a team of finance, insurance, and actuarial professionals working to make it easier for everyone to achieve a steady and comfortable retirement. We write about annuities (the good and the bad) and provide strategies to help Americans prepare for retirement.

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