Skip to Content
High-Powered Investing All-in-One For Dummies, 2nd Edition
book

High-Powered Investing All-in-One For Dummies, 2nd Edition

by Consumer Dummies
December 2013
Beginner
744 pages
20h 2m
English
For Dummies
Content preview from High-Powered Investing All-in-One For Dummies, 2nd Edition

Chapter 4

All about Annuities

In This Chapter

arrow Starting with the basics of annuities

arrow Determining whether annuities have a place in your financial plans

arrow Choosing among fixed deferred annuities, variable annuities, and more

In the years since the first edition of this book came out, Baby Boomers have begun to retire. They've saved trillions of dollars in 401(k) and 403(b) plans, but few have a strategy for stretching that money over what could be 20, 25, or even 30 years of retirement.

Annuities may be the answer. Annuities can help Baby Boomers (especially those without traditional pensions) protect their savings and/or convert savings into guaranteed lifelong income. Annuities aren't just for the Baby Boom generation. They can be a viable investment option for anyone who wants to protect his income in later years. This chapter gives you an overview of what annuities are, what they offer (both good and bad), and the general types of annuities you can choose from.

Introducing Annuities

Annuities are neither pure investments nor pure insurance. Instead, they have one foot in both worlds.

  • An annuity is an investment in the sense that you give a sum of money to a financial institution ...
Become an O’Reilly member and get unlimited access to this title plus top books and audiobooks from O’Reilly and nearly 200 top publishers, thousands of courses curated by job role, 150+ live events each month,
and much more.

Read now

Unlock full access

More than 5,000 organizations count on O’Reilly

AirBnbBlueOriginElectronic ArtsHomeDepotNasdaqRakutenTata Consultancy Services

QuotationMarkO’Reilly covers everything we've got, with content to help us build a world-class technology community, upgrade the capabilities and competencies of our teams, and improve overall team performance as well as their engagement.
Julian F.
Head of Cybersecurity
QuotationMarkI wanted to learn C and C++, but it didn't click for me until I picked up an O'Reilly book. When I went on the O’Reilly platform, I was astonished to find all the books there, plus live events and sandboxes so you could play around with the technology.
Addison B.
Field Engineer
QuotationMarkI’ve been on the O’Reilly platform for more than eight years. I use a couple of learning platforms, but I'm on O'Reilly more than anybody else. When you're there, you start learning. I'm never disappointed.
Amir M.
Data Platform Tech Lead
QuotationMarkI'm always learning. So when I got on to O'Reilly, I was like a kid in a candy store. There are playlists. There are answers. There's on-demand training. It's worth its weight in gold, in terms of what it allows me to do.
Mark W.
Embedded Software Engineer

You might also like

Red-Blooded Risk: The Secret History of Wall Street

Red-Blooded Risk: The Secret History of Wall Street

Aaron Brown
Economic Modeling in the Post Great Recession Era

Economic Modeling in the Post Great Recession Era

John E. Silvia, Azhar Iqbal, Sarah Watt House

Publisher Resources

ISBN: 9781118756133Purchase book