The best annuity depends on your goals. If you’re looking for a pension-like monthly income stream for life, an income annuity is likely the best fit. If you’re looking for a CD-like guaranteed return for a set number of years, a fixed annuity is likely the best fit. If you’re looking for something that changes … <a href="https://www.blueprintincome.com/resources/annuity-basics/what-is-the-best-annuity/">Continued</a>
You should consider investing in an annuity if you’re saving for retirement, consider yourself to be a moderate to conservative risk investor, and are interested in guaranteed income or growth. If, on the other hand, you’re looking to access funds for a near-term purchase, only want to invest in higher risk/higher return potential assets, an … <a href="https://www.blueprintincome.com/resources/annuity-basics/what-is-the-best-annuity/">Continued</a>
Yes, there are good annuities out there, but it’s important to do your research to make sure you get one of them. Originally annuities only existed to provide a pure guarantee, whether guaranteed income or a guaranteed return. Over time, a few different types of annuities have been created with different value propositions, demoting the … <a href="https://www.blueprintincome.com/resources/annuity-basics/what-is-the-best-annuity/">Continued</a>
A classic, good annuity is one that provides guaranteed income for as long as you live. It’s a way to diversify your portfolio, and make sure that your basic retirement expenses will be covered. But beware of market-based annuities that promise too much and don't deliver good value.