How do I know if buying one is right for me?

If you want to assure that the money will flow regardless of how long you live, an immediate annuity can be a good supplement to your retirement portfolio to help cover basic living expenses.

The greater you feel your chances are of living to a ripe old age, and the more worried you are about outliving your money, the more of your assets you might want to devote to an immediate annuity, although you'll certainly want to leave yourself enough assets outside the annuity to meet unexpected expenses, to fund the occasional splurge or to provide for your heirs. To top of page

Most stock quote data provided by BATS. Market indices are shown in real time, except for the DJIA, which is delayed by two minutes. All times are ET. Disclaimer. Morningstar: © 2018 Morningstar, Inc. All Rights Reserved. Factset: FactSet Research Systems Inc. 2018. All rights reserved. Chicago Mercantile Association: Certain market data is the property of Chicago Mercantile Exchange Inc. and its licensors. All rights reserved. Dow Jones: The Dow Jones branded indices are proprietary to and are calculated, distributed and marketed by DJI Opco, a subsidiary of S&P Dow Jones Indices LLC and have been licensed for use to S&P Opco, LLC and CNN. Standard & Poor's and S&P are registered trademarks of Standard & Poor's Financial Services LLC and Dow Jones is a registered trademark of Dow Jones Trademark Holdings LLC. All content of the Dow Jones branded indices © S&P Dow Jones Indices LLC 2018 and/or its affiliates.