The math behind annuities changes as you get older, often in your favor.
Is 70 the "Golden Age" for Annuities? What You Need to Know If you’ve just hit the big 7-0, you might be looking at your retirement accounts and wondering: Is my money going to last as long as I do? buying an annuity at 70
While the "guaranteed income for life" part sounds great, it comes with specific compromises: The math behind annuities changes as you get
: These provide principal protection while giving you a chance for growth based on market indexes (like the S&P 500). They are popular for those who want some upside without the risk of losing their initial investment. The Trade-Offs to Consider buying an annuity at 70