Some of the nation's most prominent financial advisors are looking at annuities in a new light. Partial annuitization to ensure a base of stable income is discussed. Think twice if you are at or approaching retirement and you are not able to at least have a basic annuity-related discussion with your financial advisor.
"At the end of the day, investors want to know they can withdraw X amount of dollars [a year] for life. That's why it makes a little more sense than it ever has before," he says. "Don't you think there are millions of investors who wish they had a guarantee on their income at retirement [after all the market carnage]?"
Source: Business Week
Key Phrases:
- Log in to post comments
Key Phrases:
Key Phrases:
