With markets up, it may be time to annuitize some savings if you're near retirement

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New for subscribers: With markets up, it may be time to annuitize some savings if you're near retirement Check out CNBCPro today.

So you stuck it out during the stock market's nosedive and are now sitting on some healthy returns from the rebound. If you white-knuckled your way through the volatility and are nearing retirement, it may be time to consider taking some risk off the table by annuitizing part of your savings.

 

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