I have written about annuities a few times. I am not a big fan of them, among other reasons they are wildly expensive. There are other issues too but I have said before that anyone I know who has an annuity seems to take great comfort from it.You might have heard about some new funds from Fidelity called Income Replacement Funds that on first glance resemble annuities.The basic idea is that if you want an income stream for 15 years, you would buy the fund dated for 2022. If you put in $100,000 the fund would pay you $637 per month to start out, the payment would go up s[...]
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[Source: The Money Blogs]
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