This is a big decision and one that you should make in the context of your overall financial situation and game plan. Fixed annuities can offer a stable, guaranteed option for your retirement portfolio and many seek that peace of mind. Income annuities can turn your retirement savings into a stream of income when you need or want it. Both of these might be appropriate depending on your specific situation. However, considering the complexity of the decision, we would recommend giving one of our advisors a call at (877) 699-2654 and discussing your specific situation.