Is Buying An Annuity — A Good Idea

: Retirees without a pension who fear outliving their savings ("longevity risk") and value principal protection over market gains.

Why buy an annuity, are they good investments? | New York Life is buying an annuity a good idea

Buying an annuity is a if your primary goal is securing guaranteed lifetime income and you have already maxed out other retirement accounts. However, it is often a poor choice if you need liquidity or are seeking high-growth returns compared to the stock market. Quick Review: Should You Buy? : Retirees without a pension who fear outliving

: You are young (under 50), have poor health, or lack an emergency fund, as high fees and surrender charges make early withdrawals very costly. The 2026 Perspective have poor health