An Annuity Might Be Right for You If
- Have maxed out your contributions to 401(k)s and IRAs.
- Like the idea of having your annuity pay out periodically, like a paycheck, after you’ve retired
- Have someone in your life you want to assure is taken care of financially after you are gone
- Are comfortable leaving a chunk of your money untouched for at least 7-10 years.
- Are fairly certain you will not withdraw the money before you’re 59 1/2