First determine what type of annuity you have ...

Amid today's unusual economic environment, many retirees and near-retirees are shifting their retirement planning from growth to stability. With market instability becoming more common, inflation ...

A $750,000 annuity can generate income without risking the principal. Different annuity types, including guaranteed income annuities, act as a shield against market volatility and an insurance policy ...

This article contains affiliate links that will earn us revenue. AN annuity can provide a guaranteed income for life. But, to get one, you’ll need to hand over some or all your pension to a provider.

One rule of thumb is that you'll spend 70%-80% of what you spent before retirement during retirement. Using the 4% rule, you can calculate how much you need to save in total.