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Kiplinger
Kiplinger
Business
David S. Corman

UNBELIEVABLE: Is an annuity right for you here s what you should know | History Defined

An older woman stands at the window with a cup of coffee and appears to be thinking.

If you’ve been considering adding an annuity to your retirement plan, you’ve probably noticed that opinions vary widely as to whether it’s a good strategy.

Many people, potentially including some knowledgeable financial advisers, think annuities can play a vital role in retirement — especially if you need to shore up a shaky income plan. But others may argue that annuities often don’t live up to the hype, and consumers aren’t always sure about what they’re getting before they are persuaded by a sales pitch.

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