Immediate and Longevity Annuities: The Cheapest Way to Buy Income for Life — Everything You Ever Wanted to Know
The takeaway: Immediate and longevity annuities pay you income for life, charge the lowest fees, and charge the lowest commissions.  If the stock market is making you a teensy bit nervous, they might be worth a second glance. They’re about the cheapest annuities you can buy. As always, you’ll need to weigh the pros and cons. … [Read more…]