Annuities provide guaranteed income, target date funds adjust based on goal dates.

From Yahoo Finance: 2025-03-26 08:30:00

Annuities and target date funds are popular assets for retirement planning. Annuities provide guaranteed income, while target date funds automatically adjust investments based on goal dates. For retirees like John and Susan, annuities can offer security, but may not protect against inflation. Consider consulting a financial advisor for personalized advice.

Read more: With $1.2M in an IRA and $750k Elsewhere, Should We Invest in a Target Date Fund or Annuity?