Review of Three Strategies That Use Annuities for Retirement Income

The immediate annuity is the first type of annuity reviewed by this Kiplinger article. Some tips mentioned in the article include laddering annuities and buying an immediate annuity with inflation protection. The other two strategies discussed used deferred variable annuity and longevity insurance.

Use extra caution when considering variable annuities. As Clark Howard warns, these are rarely good deals.