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If you’re planning for a long, healthy life but worry about outliving your finances, deferred income annuities, often called “longevity annuities” could be worth exploring. These financial products are designed to provide a guaranteed income stream starting later in life, typically around age 80 or 85.Is This Right for You?Longevity annuities are particularly well-suited for:Those with a Long Life Expectancy: If you anticipate living beyond the average lifespan, this option ensures you have income well into your later years.Individuals with Strong Early Retirement Savings: If you’ve set aside enough for your early retirement but want to secure your finances for your 80s and beyond, a longevity annuity offers peace of mind.People See

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