Should a 70-year-old buy an annuity? Here's what to know now.
Is 70 the "Golden Age" for Annuities? What You Need to Know If you’ve just hit the big 7-0, you might be looking at your retirement accounts and wondering: Is my money going to last as long as I do? buying an annuity at 70
For example, as of April 2026, a healthy 70-year-old might see an annual payout rate of roughly , compared to just 6.85% for someone age 60. Should a 70-year-old buy an annuity
: These provide principal protection while giving you a chance for growth based on market indexes (like the S&P 500). They are popular for those who want some upside without the risk of losing their initial investment. The Trade-Offs to Consider What You Need to Know If you’ve just
The math behind annuities changes as you get older, often in your favor.