Should I Buy An Annuity May 2026

You lose control over your lump sum. Once you buy an immediate annuity, that money is generally gone—you can't withdraw it for emergencies, and there is often nothing left for your heirs when you pass away. When It Generally Makes Sense

You cannot outlive your money. An annuity provides a stable, guaranteed paycheck for life, regardless of how long you live or how the stock market performs. should i buy an annuity

If your fixed income (Social Security/pensions) doesn't cover your basic living expenses, an annuity can bridge that gap. You lose control over your lump sum