
Don’t Wait for Higher Interest Rates to Buy an Immediate Annuity
Interest rates are historically low right now. There are a lot of consumers who think they should hold off on buying an immediate annuity until interest rates go up. In an article for CNN Money, Walter Updegrave answered the question should you "Buy an annuity now or wait for interest rates to rise?" A reader wrote in asking Mr. Updegrave if he should wait to buy an annuity because interest rates are going to go up soon. The problem with waiting for interest rates to rise is that no one has any... Read More
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