1. 21750 POINTS
    Jim Winkler
    CEO/Owner, Winkler Financial Group, Houston, Texas
    That is a great question! A fixed annuity is a way to give yourself an easily defined amount of money to provide a steady income stream from in retirement. People who like security like this type of annuity, because the interest rate is clearly stated and computed. This is a great investment as long as the rate is enough to outpace inflation, and the fees, and be comparable to what you might have received in other investments. I hope that helps, thanks for asking!
    Answered on August 6, 2014
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