Submitted by tom on
This post is a continuation of a question that was originally posted as a comment here:
http://www.annuitydigest.com/news/buffett-and-pictet-express-concerns-about-inflation#comment-119
The question is whether there are any advanced life deferred annuities that have inflation protection.
First, an advanced life deferred annuity is also known as a longevity annuity.
It is a great question. I am not aware of any inflation protected longevity annuities, but I have not looked at the issue closely.
Opening this up to anyone who has relevant knowledge and would like to comment.
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J.S. replied on Permalink
Inflation Protection for Longevity Annuities
I am not aware of any longevity annuities that contain features that provide inflation protection. It is a large issue and obstacle for this product type.
RHW replied on Permalink
Inflation protected Longevity Annuity
I only know of one which provides a hedge against inflation and it is accomplished by continuing indexing durring the income phase.
tom replied on Permalink
Inflation Protected Longevity Annuity
Thanks for the feedback.
Is it annual indexing based in CPI?
Who is the provider?
Seems somewhat futile to kick-in inflation indexing after 5, 10, 15 or 20 years with no protection--likely that the purchasing power damage has been done by then.