What Type of Annuity Is Best For Me?

Well, it depends ... on when you want your payments, what kind of a guarantee you are looking for and whether you're willing to take a little risk to pursue a possibly higher return. Breaking annuities down to their basics could help steer your decision.

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When you think about retirement, what’s your biggest fear?

If you’re worried about running out of money, you’re not alone. Survey after survey has found that building enough income to last through a long retirement is one of the top concerns for baby boomers and the generations behind them.

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This article was written by and presents the views of our contributing adviser, not the Kiplinger editorial staff. You can check adviser records with the SEC or with FINRA.

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Richard London, Certified Financial Planner™
Founder, Link Financial Advisory

Richard London is a CERTIFIED FINANCIAL PLANNER™ and founder of Link Financial Advisory (www.linkfinancialadvisory.com). As an independent financial planner, he goes into the market and finds the best solutions and strategies for his clients. Richard grew up and lives in Las Vegas with his wife and two children, and he holds a bachelor's degree in finance from the University of Nevada, Las Vegas.