[Elgin526]

When would an anuity be a good idea? I come from a long line of VERY long lived women (90+ in near perfect health) and my biggest concern is outliving my money. I only have 401k's and IRA's to fund my retirement, no pensions. While I intend to retire with enough money to see me through, you just never know. Is an anuity a good option as a part of a larger, well balanced portfolio? And is it better to wait until you're close to retirement to get one, or should you get one earlier?