Raise Your Retirement Income Retirees look for ways to convert savings and investments into regular income. One option to consider is an annuity. Share | Related Content Women and Retirement Women must be ready to spend, on average, more years in retirement than men. What Is an Annuity? Annuities are versatile tools that can help you save for retirement and generate income in retirement. Investment Strategies for Retirement Investment tools and strategies that can enable you to pursue your retirement goals.