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Talk to Annuity Expert for Best Advice, Even in 80’s

I’m really disappointed in something I recently read in the Daily Local News out of Lancaster, Pennsylvania.  In a question and answer column with columnist Bruce Williams, someone wrote in asking whether annuities would be a good idea to help them finance their remaining retirement.  …

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Despite Challenges, Annuity Outlook for 2012 Good

In “Outlook 2012: Annuities-Industry at Crossroads, With Weatherford, Greenwald, Cortazzo,” John Sullivan of AdvisorOne says that annuities should do well next year despite some potential hurdles.  With two major annuity carriers departing the market recently, you would think that would forecast a big problem for …

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Variable Annuity is a Hot Product

The Insured Retirement Institute found that variable annuities are as popular as ever, reaching record levels of sales in the 3rd quarter of this year.  Net variable annuity sales of $8.8 billion had not been reached since the 3rd quarter of 2007 saw $8.9 billion …

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Number of Retirees Using Annuities Is Rising

A recent study from LIMRA showed that 35% of retirees use annuities to finance their retirement, according to USA Insurance’s Insurance Corner.  In the article “Study: Annuities could become larger income stream for retirees,” it is suggested that this percentage is likely to increase rapidly …

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