For most retirees prioritizing income certainty, fixed annuities are the better choice. They guarantee a specific interest rate and protect your principal. Variable annuities offer market-linked growth potential but come with higher fees, more complexity, and the risk of losing value — which is harder to recover from in retirement.
This answer is provided for general informational purposes only and does not constitute financial advice. Every family’s situation is different. For personalized guidance, schedule a free consultation with our team.
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