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Kiplinger
Kiplinger
Business
Kelly LaVigne, J.D.

How to Shop for Annuities Like You’re Buying a Car

An older woman smiles as she checks out the interior of a new car.

So, you’re interested in having guaranteed income as part of your retirement strategy and looking for sources beyond Social Security. That can lead to considering adding an annuity to your portfolio and wading into all of the different products out there. And there are so many annuities out there that it can feel overwhelming.

The thing about selecting an annuity is that everyone is seeking something different from adding an annuity to their portfolio. So there isn’t a one-size-fits-all solution.

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