Annuities are an insurance product used as an income stream during retirement. They typically involve an accumulation phase, when you make a lump sum or series of payments to an insurance company, and ...

We may receive commissions from some links to products on this page. Promotions are subject to availability and retailer terms. But if you've started exploring your annuity options, you've likely run ...

There is no one right answer to this venerable question Daniel Liberto is a journalist with over 10 years of experience working with publications such as the Financial Times, The Independent, and ...

Choosing between a fixed-rate and variable-rate loan can affect how much you pay over time and how easily you can budget each month. Fixed-rate loans offer predictable monthly payments and protection ...

Saving money is a critical part of financial planning, and finding the right savings account is just as important. One of the things to consider when choosing a savings account is how interest is ...

Variable life insurance is a permanent life insurance policy with an investment component. Learn more about how it works and ...

When you apply for a bank account or financing, the interest rate you receive can give you a sense of how much you’ll earn in returns — or pay to borrow money. However, not all interest rates work the ...

Investing experts say smartly pairing the two types of annuities with other investments in a retirement portfolio can deliver significantly more income compared with a traditional withdrawal strategy.

When it comes to choosing a mortgage rate there are two main options: fixed or variable. But how do these different interest rates work and which one could be right for you? Fixed rates tend to be by ...

The main difference between a fixed and variable mortgage is that your mortgage rate stays the same for a set period with a fixed-rate mortgage, while with a variable rate mortgage, it could rise or ...

Aaron Broverman is the Managing Editor of Forbes Advisor Canada. He has almost 20 years of experience writing in the personal finance space for outlets such as Bankrate, Bankrate Canada, ...