Worried About Outliving Your Savings? Longevity Annuities May Help

Worried About Outliving Your Savings? Longevity Annuities May Help

A shiny metal alarm clock surrounded by bundles of U.S. cash One of the biggest risks in retirement is outliving your savings. You can save carefully through the years, but there’s a big unknown when you start to withdraw the money: You don’t know how long your savings need to last because you don’t know how long you’ll live .

An income annuity can guarantee that you’ll receive a check every month for the rest of your life. It can help supplement other sources of guaranteed income, such as Social Security, and can be especially valuable if you don’t have […]

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