The hybrid annuity market has been on fire recently, and experts agree that it’s only going to get hotter. Eric Steigerwalt, president and CEO of Brighthouse Financial, is a big believer of the products and an even bigger seller of them. Steigerwalt claims that the …
A new study has found that more owners of variable annuities with a guaranteed lifetime withdrawal benefit (GLWB) rider are using those benefits in retirement, according to a recent InsuranceNewsNet article. Nearly 25%, in fact, have elected to withdraw income at the end of the …
According to a recent survey, most Americans would choose a monthly income of $2,700 a month for life over a lump sum retirement payment of $500,000, as reported in a Benefits Pro article. TIAA’s Lifetime Income Survey found that while 62% of Americans say they’d …
The current bull market has the portfolios of many investors heavy on the stock side, and all of this talk about the inevitable move to a bear market has some getting nervous. Financial experts agree that it’s important to rebalance every once and awhile, and …
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