Ask an Advisor: I'm 49 With $500k Saved but Unsure About Retirement Income. What Are My Best Options Without Costly Annuities?

  • Posted on September 30, 2025
  • By Yahoo News
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Ask an Advisor: I'm 49 With $500k Saved but Unsure About Retirement Income. What Are My Best Options Without Costly Annuities?

I’m 49 years old and I’ve had a steady job for over 15 years now as a government contractor. I plan to retire at around 65. I have $500,000 in savings between my 401(k), IRA and individual savings accounts. I’m renting, I don’t have any debt and I have a small family of three. I’m […] The post Ask an Advisor: I’m 49 With $500k in Savings But ‘I’m Concerned’ About Retirement Income and Annuities Are ‘Too Expensive.’ What Are My Options? appeared first on SmartReads by SmartAsset.
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