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Nearly 3/4 of Americans Have No Retirement Plan

Some scary statistics came out of ING’s Retirement Research Institute last year.  A whopping 71% of Americans don’t have any kind of formal retirement plan in place.  That’s nearly 3/4 of America that either won’t be able to retire or will have to struggle financially …

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Variable Annuities: Don’t Judge an Article by its Title

While the title of Robert Powell’s MarketWatch article indicates that variable annuities with GLWB’s aren’t good, it’s a bit misleading with the honest information presented in the article.  In “Variable-annuity guarantees disappoint over time,” Powell basically says that variable annuities are not right for everyone …

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Fewer Choices for Variable Annuities, Not Necessarily a Bad Thing

In the Wall Street Journal article, “Restyled Annuities Offer Fewer Choices,” Leslie Scism says that variable annuities with lifetime income guarantees don’t have as many investment options as they did a few years ago.  When the market was stronger, insurance companies used a wide range …

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Annuities Alleviate Pre-Retirees #1 Worry

Allianz Life recently found that the majority of Americans are searching for guaranteed income in retirement, but don’t know how to find it.  According to a company press release, Allianz Life Insurance Company of North America conducted a survey showing that 86% of non-retired Americans …

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