Deferred fixed annuity sales grew by close to 60% last year, according to an article by Janet Kidd Stewart in the Chicago Tribune. It’s really no surprise as life expectancies continue to rise and many people’s life savings dwindle. Northwestern Mutual Life Insurance Company actually …
For prepared retirees with a 401(k) and/or IRA, consider supplementing your income with an annuity. Annuities are contracts between investors and insurance companies that start with an initial investment. Immediate annuities start releasing monthly payments right away, so they are paid for up front with …
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