A sustained increase in the general price level—often measured by a broad index such as the consumer price index (CPI).

How do annuities protect against inflation?

This is a super important question and consideration--particularly given the financial crisis and our current economic environment.  There are some comments on this topic throughout the site including this blog post.

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What are some rules of thumb for fixed income ppl choosing between bonds and annuities with their lump sum retirement payouts?

This is a great question but it is difficult to answer briefly. 

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What type of risk is associated with annuities?

There are a number of risks associated with annuities, and these risks often depend on the type of

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