A program that provides a monthly guaranteed income for area families is now entering its third month. GiveDirectly, the ...

Retirees increasingly want paychecks that feel as reliable as their old salaries, yet many are discovering that Social Security alone will not cover the lifestyle they worked for. The good news is ...

Annuities provide guaranteed lifetime income like Social Security but carry high fees and surrender charges. Fixed annuities offer predictable payments without market risk but may not keep pace with ...

Many aspects of a pension plan are now being integrated into 401(k) plans to combat longevity risks and build retirement readiness, according to BlackRock Inc.’s inaugural “Retirement Trends Report.” ...

Retirement math is getting tougher, and the prospect of smaller government checks has turned "guaranteed income" from a niche concept into a core planning goal. Instead of waiting to see whether ...

Target-date portfolios with guaranteed income could effectively manage retirement risks, according to BlackRock and TIAA. Adding guaranteed income to a target-date portfolio has the potential to ...

Annuities convert savings into guaranteed lifetime income, but they come with fees and trade-offs. Learn how they work and when they make sense.

In December, Ann Arbor’s Guaranteed Income to Grow program sent its last payment to the 100 participants in the city’s ...