Is Buying An Annuity A Good Idea Apr 2026

: You are young (under 50), have poor health, or lack an emergency fund, as high fees and surrender charges make early withdrawals very costly. The 2026 Perspective

: Retirees without a pension who fear outliving their savings ("longevity risk") and value principal protection over market gains.

Why buy an annuity, are they good investments? | New York Life