A new study from Goldman Sachs uses that reality as its baseline and offers up several research-backed methods for Americans ...

Annuities can offer financial stability that can be quite freeing for retirees. Don't let a few myths spoil what might be a ...

A: An annuity is a contract with an insurance company. In the most basic annuity type, income annuities, you give the ...

Many retirees are unprepared for the switch from saving to spending. Here’s how to turn your retirement savings into steady, ...

If you want the flexibility to access your money in the event of an emergency or a significant change in your financial circumstances, you’ll probably want to avoid immediate annuities. Withdrawing ...

An annuity can be a great way to supplement your retirement income. However, is there an ideal age to consider one, and which type is right for your age group?

Unlike a guaranteed life annuity, the onus is on the retiree to manage risk, drawdown rates, fees, and tax implications to ...

Angelica Leicht is the senior editor for the Managing Your Money section for CBSNews.com, where she writes and edits articles on a range of personal finance topics. Angelica previously held editing ...

If you are approaching retirement and want a strategy that puts you in control, Kevin Kingston recommends consulting a ...

Angelica Leicht is the senior editor for the Managing Your Money section for CBSNews.com, where she writes and edits articles on a range of personal finance topics. Angelica previously held editing ...

Let me walk you through both options and their implications.

Using annuities alongside the 4% rule can increase retirement income by as much as 23%. This article originally appeared here and was republished with permission.