Annuities Information

The question basically deals with the issues of revocability and

Good question.

I have moved this question to the discussion forum since FAQs are limited to a certain number of characters.

The discussion thread can be found here:

http://www.annuitydigest.com/forum/inflation-and-fixed-annuities

This question is answered and open for discussion in the forum section and can be accessed by clicking on the following:

http://www.annuitydigest.com/forum/cons-guaranteed-lifetime-withdrawal-benefit-glwb

Thanks for the question.  I will actually move this to the forum section and create a new topic there under annuities.

Short answer is that the study is not published. Prof. Babbel was kind enough to provide access to it.

In a very general sense, annuities are most often used by individuals who are approaching retirement or in retirement.  Annuities can be very useful for people who need to create secure