An advisor isn’t likely to sell you an annuity that they don’t understand, or at least they shouldn’t. Many advisors called out for insurance companies to make sure their annuities are straightforward at the IRI’s annual conference. Darla Mercado’s Investment News article, “Annuities changes puzzle …
Annuities are definitely not one size fits all, and they shouldn’t be bought or sold that way. I have to agree with Stan “The Annuity Man” Haithcock on this one. In his Marketwatch article, “No all-in-one annuity cures; take a ‘PILL’,” he compares an annuity …
For all intents and purposes, income annuities appear to be the perfect retirement product. They combat longevity risk and because of mortality credits, offer relatively high payouts. So a couple of economists recently pondered why more people are not using these annuities in their retirement …
In Kimberly Lankford’s Kiplinger article, “Add an Annuity to Your Retirement-Income Mix,” she says it best with the line “only an annuity guarantees that your income will continue no matter how long you live.” This is important information that should not be overlooked during retirement …
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