Retirement Guru Walter Updegrave says that an immediate annuity product is always going to beat your investments. While he admits that immediate annuities aren’t for everyone, most people do much better with the guaranteed income from an immediate annuity than they do trying to create …
The annuity industry has been watching the movement of interest rates closely and expecting them to rise for years. Annuity pricing improves as interest rates increase, but it can be difficult for insurance companies to time their annuity strategies. It’s also difficult to time your …
In an article for Time’s Money Magazine, Darrow Kirkpatrick explained “Why the Right Kind of Annuity Product Can Boost Your Retirement Income.” 1 He says that having income that is guaranteed, inflation-adjusted and lasts for your lifetime is the ultimate retirement goal. Social Security provides …
U.S. workers are concerned that they will run out of money in retirement, and for good reason. The Insured Retirement Institute asked Baby Boomers if they were confident that they would have enough money to carry them through retirement and only 27% answered that they …
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