While annuities are a powerful financial tool, they are often misunderstood. Many people rely on outdated information or misconceptions when evaluating whether an annuity fits their portfolio.
Diversification is one of the most widely accepted principles in personal finance. By spreading assets across different investment types, individuals can reduce risk, improve stability, and better prepare for uncertain market conditions.
People are putting money into annuities today for several key reasons—especially in today’s economic and market environment. Here’s a breakdown of the main motivations.
The advantages of annuities for generating income (compared to bonds, dividend paying stocks, equities, ETFs, ETNS, mutual funds, REITs and owning rental properties)