Tip - What is an annuity?

An annuity is an insurance product that pays out income, and can be used as part of a retirement strategy. Annuities are a popular choice for investors who want to receive a steady income stream in retirement.
Tags: annuities, annuity, variable annuities, fixed annuities, risks, retirement, how to retire, retirement planning, planning for retirement, retired, retire, Ultimate Guide to Retirement, CNNMoney, personal finance, financial planning, plans