Annuities are not always easy to understand. The problem is that you main source of information might be your financial adviser… who will eventually make money if he sells you one. Therefore, it’s pretty hard to get a non-biased opinion on whether or not you should purchase an annuity.
I’ve searched the web for several hours and read over 100 articles about annuities. I’ve published the top 27 articles about annuities from non-biased sources. I’ll be updating this list if any good article comes to my attention so don’t hesitate to contact me and provide me with more interesting articles!
How to Calculate the Present Value of an Annuity @ Financial Mentor (US)
This is a simple and easy to use calculator to understand how annuities work. You can understand how much yield the Life Insurance Company is giving you for your money.
Level Vs Index-Linked Annuity Calculator @ Candid Money (UK)
This calculator helps you making the difference in payments from a level and index-linked annuity.
Calculating the Value of An Annuity in Excel @ Experiments in Finance (US)
If you are comfortable with Excel, this tutorial shows you how to build your own annuity calculator.
Personal Finance 101: How Does an Annuity Work? @ Simple Dollar (US)
Trent is concerned about guarantees offer by the Life Insurance Company in regards to your annuity if the organization experience financial problems. Please note that part of your annuity may be insured by the Government. You must contact your adviser to find out if your contract is insured as laws vary from countries to countries.
10 Things Seniors Need To Know About Purchasing Annuities But Don’t! @ Saving Advice (US)
This is definitely a good article to start your research about annuities. This covers major pitfalls to avoid prior to purchase an annuity contract.
Is a Reverse Mortgage Annuity a Good Deal? @ Wealth Pilgrim (US)
Reverse mortgage annuities are using your property value as a payment (similar to taking a mortgage on your house to cash its equity) and provide you with an annuity. This product has been made for retirees who wish to keep their house but look for an additional source of income.
How To Earn Income For The Rest of Your Life: The Good, Bad and Ugly of Annuities @ Gen X Finance (US)
You can find additional info on fees and riders in this article. Annuities are definitely the cheapest product in the financial industry.
Fixed Annuities: Maximize State Guaranty Coverage Limits @ My Money Blog (US)
If you are concerned about guaranty coverage on your annuity, this article will explain you how to maximize your guaranteed and sleep well at night.
Is an Annuity The Worst Investment a Young Person Can Make? @ Good Financial Cents (US)
This is an interesting take on annuities for younger people. Most articles about annuities are written for seniors, this one explain if younger investors should look at this product as well.
Secondary Market Annuities: A Low-Risk Way To Earn Great Rates? @ Oblivious Investor
Mike explains how you can purchase secondary market annuities and the premium its gives compared to Government bonds. Depending on individuals, it could be a good investment or not.
Some Common Questions About Annuities @ Million Dollar Journey (Canadian)
This blog highlight several questions about annuities with plain and simple answer. This is definitely a great place to start your research.
How Annuities Can Help You Fight Groundhog Day @ My Own Advisor (Canadian)
Mark found an independent financial planner to write a detailed example of how annuity works with calculations.
5 Reasons To Include Annuities In Your Estate Planning @ Financial Samurai (US)
Sam provides an explanation of 5 major advantages of including annuities in your estate plan. Annuities are definitely a powerful financial product to use.
Level Vs Escalating Annuities @ Monevator (UK)
This is well explained article to highlight the difference between a level annuity (equal payments) and escalating annuities (also called indexed annuities where payments increase to protect your lifestyle from inflation).
Deferred Fixed Annuity: A Good Idea For Retirement? @ Money Ning (US)
This article is about deferred annuities with some mentions about pitfalls such as the teaser rate offer on the first year of the annuity contract to attract investors looking for yield.
Annuities Explained @ Magical Penny (UK)
Some crucial info about how annuities work along with their pros and common pitfalls.
3 Risks To Consider Before Investing in Fixed Annuities @ My Personal Finance Journey (US)
Jacob talks about how inflation, interest rate and low liquidity risks could affect your choice of purchasing a fixed annuity.
Understanding the Ins and Outs of Selling Structured Settlement Payments @ 20’s Finance (US)
Annuities are a structured settlement product. This article explains how the contract works between each party.
How To Use Variable Annuities The Right Way @ Amateur Asset Allocator (US)
For most investors, variable annuities are poor solutions because of their high management fees. However, there is a way to use variable annuities for your own good.
If You Could Buy a Gold-Plated Government Pension, Would You? @ Money Smarts Blog (Canadian)
A critic looks at annuities and its main flaws; it doesn’t leave any money for heirs in most cases.
Index Annuity Traps: The Truth About Equity-Indexed Annuities @ The Digerati Life
Equity-indexed annuities are far from being cheap and their investment return is capped. This article points all the major flaws of this product.
Could an Annuity Be The Ticket To Reliable Retirement Income? @ Smart on Money (US)
Peter does a good job listing four things to consider prior to purchase an annuity.
Annuities: If You Aren’t Getting 2.5% on Your Investments @ The Chicago Financial Planner (US)
Roger, a financial planner, rises some red flag questions to ask your adviser if you consider buying an annuity.
What is an Annuity? @ Investor Junkie (US)
Sometimes, straight to the point articles are the best source of information. If you don’t want to waste too much time understanding annuities, this article is for you.
Is Variable Annuity Tax Deferral Worth Paying For Again? @ Nerd’s Eye View (US)
This is an article about the true worth of tax deferment characteristics attached to variable annuities.
Adding an Annuity to Your Retirement Plan @ One Smart Dollar (US)
This article discuss how annuities can be use within your retirement plan to assure a basic level of income stream.
Personal Experience with Annuities
Should Annuities be Part of Your Retirement Plan? @ Retire by 40 (US)
Joe is taking his own personal situation to analyse if an annuity is worth it for him or not. It appears that he is a little bit too young to purchase an immediate annuity and prefer the flexibility and higher potential return from his dividend portfolio.