If there is one investment that sparks both deep confusion and heated debate, it’s annuities. It starts with the fact that these are insurance products, even when they are combined with mutual funds.

I proposed a simple portfolio of six positions to buy instead of an annuity. The goal was 6.5% income to be competitive with an annuity. I take a look at how the selections have performed since they ...

The investment business is full of theories and recommendations about how to accumulate wealth. But the field has very little to say about the best ways to decumulate, or spend down wealth. This is an ...

The pricing of an income annuity is typically described using either the monthly income amount it generates, or as the annual payout rate of the income received as a percentage of the premium amount.