Should - I Buy An Annuity

If market volatility keeps you up at night, an annuity acts as "personal insurance" against a market crash. Red Flags & Risks Should I buy an annuity or use drawdown? - The Times

Pros to pension annuities. 1. Annuities provide peace of mind. You get a guaranteed, regular income for life, whatever happens. 2. The Annuity Nightmare | BEST Wealth Management

If your fixed income (Social Security/pensions) doesn't cover your basic living expenses, an annuity can bridge that gap.