Retirement Investing

Deferred Annuity

Definition

What is Deferred Annuity?

An annuity whose income payments begin at a future date.

Example in practice

A 45-year-old buys a contract that starts paying at age 65.

Keep learning

Annual portfolio withdrawals divided by the portfolio's starting or current value.

An estimated withdrawal rate intended to support spending over a long retirement under stated assumptions.

The risk that poor returns early in a withdrawal period cause lasting portfolio damage.

The property, investments, rights, and obligations left by a person at death.

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