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Retirement Discussions / Retire Well on Less

URL:  https://boards.fool.com/thinking-of-buying-a-immediate-annuity-i-want-to-34423095.aspx

Subject:  Re: annuities?? Date:  2/28/2020  7:09 PM
Author:  workwayless Number:  1929 of 1929

Thinking of buying a immediate annuity, I want to hear why this is not a good thing to do.

Another reason: it is possible to obtain a cheaper (no fees), safer (guaranteed by US government) annuity and it comes with inflation protection to boot. You can obtain it by delaying your Social Security Benefits until you reach age 70.
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