If you expect to live well into your 90s, an annuity protects you from the risk of running out of money in your final years.
You cannot outlive your money. An annuity provides a stable, guaranteed paycheck for life, regardless of how long you live or how the stock market performs. should i buy an annuity
If your fixed income (Social Security/pensions) doesn't cover your basic living expenses, an annuity can bridge that gap. If you expect to live well into your
If market volatility keeps you up at night, an annuity acts as "personal insurance" against a market crash. Red Flags & Risks Should I buy an annuity or use drawdown? - The Times - The Times Pros to pension annuities
Pros to pension annuities. 1. Annuities provide peace of mind. You get a guaranteed, regular income for life, whatever happens. 2. The Annuity Nightmare | BEST Wealth Management