Why buy an annuity, are they good investments? | New York Life
: Retirees without a pension who fear outliving their savings ("longevity risk") and value principal protection over market gains. is buying an annuity a good idea
In 2026, annuities have become more attractive due to higher interest rates, which directly increase payout amounts. Annuity (Insurance) Stocks/ETFs (Investment) Income Stability Growth Potential Risk Level Low to Moderate Liquidity Low (locked in) Fees Often high (1%–8%) Generally low Core Advantages Why buy an annuity, are they good investments
Buying an annuity is a if your primary goal is securing guaranteed lifetime income and you have already maxed out other retirement accounts. However, it is often a poor choice if you need liquidity or are seeking high-growth returns compared to the stock market. Quick Review: Should You Buy? : You are young (under 50), have poor
: You are young (under 50), have poor health, or lack an emergency fund, as high fees and surrender charges make early withdrawals very costly. The 2026 Perspective