Is an annuity still worth it in today's economy? Experts weigh in
Experts are evaluating the viability of annuities in the current economic climate marked by high inflation and interest rates. While annuities can provide guaranteed income and potentially better returns than traditional savings options, concerns about inflation and liquidity remain. Individuals are advised to carefully consider their financial situations before investing in annuities.
- ▪Annuities offer guaranteed income, providing stability in a volatile market.
- ▪Interest rates on annuities are currently high, potentially surpassing those of CDs and high-yield savings accounts.
- ▪Rising long-term care costs make certain annuities with care riders a valuable option for future healthcare expenses.
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MoneyWatch: Managing Your Money Is an annuity still worth it in today's economy? Experts weigh in We may receive commissions from some links to products on this page. Promotions are subject to availability and retailer terms. .chip { background-image: url('/fly/bundles/cbsnewscore/images/chip-bgd/chip-bgd-moneywatch.jpg'); } By Aly J Yale Aly J Yale Aly J. Yale is a contributing writer for the Managing Your Money section for CBSNews.com, covering various personal finance topics, including investing, homebuying, loans and more. Read Full Bio Aly J Yale May 21, 2026 / 9:11 AM EDT / CBS News Add CBS News on Google Before you buy an annuity, make sure you do your research to determine whether it's really the right move.
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