What is an annuity? Why consider one?

  In  the '80's I reviewed an annuity with a retiring high school teacher. She was frugal and skeptical, but this seemed like a solid offer.  The stakes were high; she had charitable giving in mind for her favorite non-profits after her need for the income no longer existed. At a certain point she began receiving a … Continue reading What is an annuity? Why consider one?