https://www.khanacademy.org/math/financial-mathematics-tx-teks/x647545bbd61df4a7:investments-and-retirement/x647545bbd61df4a7:saving-for-retirement/v/annuities 2026-05-28T19:30:49.483393223Z Annuities An annuity is a series of equal payments made at regular intervals over time. A lottery jackpot paid out in yearly installments is a common example. In retirement, the same concept helps explain how savings can be paid out gradually, such as monthly income after someone stops working. Sal Khan video https://cdn.kastatic.org/ka_thumbnails_cache/86a249ac-cfeb-4d7f-bda4-fa61374cbc48_1280_720_base.png Annuities An annuity is a series of equal payments made at regular intervals over time. A lottery jackpot paid out in yearly installments is a common example. In retirement, the same concept helps explain how savings can be paid out gradually, such as monthly income after someone stops working. https://cdn.kastatic.org/ka-youtube-converted/Lp3WM2mYDRo.mp4/Lp3WM2mYDRo.mp4 289 Annuities https://www.khanacademy.org/math/financial-mathematics-tx-teks/x647545bbd61df4a7:investments-and-retirement/x647545bbd61df4a7:saving-for-retirement/a/what-are-annuities 2026-04-04T02:06:38.980527203Z What are annuities? Why is a lottery jackpot so much bigger than its cash value? The answer can help explain what an annuity is and how it shows up in everyday financial life. article https://www.khanacademy.org/math/financial-mathematics-tx-teks/x647545bbd61df4a7:investments-and-retirement/x647545bbd61df4a7:saving-for-retirement/e/understanding-annuities 2026-07-06T04:50:55.94861601Z Understanding annuities Practice understanding of annuities, savings vs payout and how they apply to retirement (pension, Social Security, and individual retirement accounts) Elvira Valdez exercise