Are You Retiring Soon and Need Income? An Immediate Annuity May Sound Boring, But Hear Me Out

An immediate annuity transforms a lump sum into a lifelong paycheck, essentially providing a DIY pension so you can stop stressing over stock market drama.

# Are You Retiring Soon and Need Income? An Immediate Annuity May Sound Boring, But Hear Me Out An immediate annuity transforms a lump sum into a lifelong paycheck, essentially providing a DIY pension so you can stop stressing over stock market drama. **Read the full article:** [Kiplinger](https://www.kiplinger.com/retirement/annuities/retiring-soon-and-need-income-consider-an-immediate-annuity) *This article was originally published by Kiplinger. MoneyWiseInc provides expert curation of the best financial content from trusted sources.*