Asset accumulation typically refers to the savings and growth of financial assets during the course of one’s working years. Assets accumulated during one’s working years provide the basis for decumulation during one’s retirement years.
Submitted by tom on
Yet another interesting article from Darla Mercado at Investment News discusses the push among financial advisors to consider annuity purchases in the context of a larger retirement planning process.
A common refrain among the financial media and the asset accumulation community is that annuities represent a poor option because of the high fees and expenses—much of which is presumably directed towards compensation of intermediaries—that are incurred by the customer.
