Retirement
What is an annuity?
Quick Answer
An annuity is an insurance contract that pays you guaranteed income, either immediately (SPIA) or starting later (deferred annuity). They suit retirees wanting longevity insurance — but most variable annuities have very high fees.
Warren Team
Updated April 26, 2026
34
Warren Team
Updated April 26, 2026
34
Important Disclaimer:
The information provided is for educational purposes only and should not be considered as personalized financial advice. Warren is a registered investment advisor. Past performance does not guarantee future results. Please consult with a qualified financial advisor before making investment decisions.
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