Article encourages partial annuitization through fixed annuities as a prudent approach to planning one's retirement finances.
Even if you invest well and diversify your portfolio, you can't be completely sure that you'll outlive your money. That's where putting a portion of your assets into an immediate annuity can be useful -- by guaranteeing a stream of income for life, supplementing what you'll get from Social Security and any employer pension you might receive.
Source: Motley Fool
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