I found an article in Australia’s Investor Daily by Samantha Hodge talking about the purpose of the annuity changing. In “Annuity focus reprioriti(z)ed,” Hodge says that advisors are more focused on battling longevity risk than they are on accumulating more wealth now. I think this …
Almost one-third of Americans 85 and older suffer from dementia and many more than that suffer a milder form of cognitive development at an even younger age. While annuities aren’t usually thought of as protection against dementia or other memory loss in older age, they …
Despite the fact that annuities are the best way to finance your retirement if you don’t have a large pension from your job, which most of us don’t anymore, preconceived notions about annuities still keep many retirees from using them. Time magazine’s Dan Kadlec gives …
In the article “Retirement income: New strategies should be welcomed,” Mark Warshawsky compares some retirement scenarios using different types of annuities. The Pensions & Investments article points out the importance of a successful retirement strategy, especially for baby boomers heading into retirement. The government has …
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