Besides, more important that trying to arrive at some ideal percentage is making sure you're getting you enough
guaranteed income to provide the cash you require for basic living expenses while still having sufficient savings left over for discretionary spending and unexpected outlays.
While once upon a time there were few reasons to purchase a deferred annuity
besides the preferential tax - deferral treatment, since the early 2000s annuities has been increasingly popular for their
guaranteed living benefit riders, along with enhanced death benefit, unique investment features (in the case of certain equity - indexed annuities), or outright superior fixed
income yields (with some fixed annuities).