35: Buy An Annuity At Age

Works like a long-term CD with a guaranteed interest rate.

You can add features like inflation protection or death benefits for heirs. ⚠️ Potential Drawbacks

Fixed payments might lose purchasing power over 40 years unless you pay for an inflation adjustment rider.

You are highly and want a "safety net" outside of stocks.

Allows you to invest in "sub-accounts" (similar to mutual funds) for higher growth, though it carries more risk. ✅ Is it right for you? Buying an annuity at 35 makes the most sense if: You have already maxed out your 401(k) and IRA.