If you are facing the choice between a large lump sum or monthly payments, you'll likely want to consider several key factors ...

Explore key insights into the rate of return on annuities, factors influencing it, and comparison with other investments. Make informed retirement decisions.

The older you are when you purchase the annuity, the higher the payments will be, since the insurer anticipates a shorter payout period. Trending: Many are using retirement income calculators to ...