5 Reasons to Buy an Annuity (It’s Retirement Income You Can’t Outlive)

5 Reasons to Buy an Annuity (It's Retirement Income You Can't Outlive)

(Adobe Stock) Mention the word "annuity," and you might get a scowl, a roll of the eyes or even a sigh of exasperation. I know; I’ve done it.

That’s why I was surprised when 79% of respondents to USAA Life Insurance’s 2023 Omnibus survey indicated that guaranteed monthly income is more important than a particular dollar amount. To me, that sounds like an annuity. Apparently, annuities — or at least the features of an income or immediate annuity — appeal to a lot of folks.

Pair that response with the fact that nearly half of the respondents were concerned about running […]

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