Annuities are often marketed as safe, reliable financial products that provide guaranteed income during retirement. While ...
Cross-currents from inflation, the stock market, and demand for protected growth are converging into a mixed picture, says ...
With the stock market in tatters, Baby Boomers who have watched their retirement nest eggs implode are starting to view annuities and the income guarantees they can offer in a favorable new light.
Buying a variable annuity that offers a guaranteed lifetime withdrawal benefit, or GLWB, can be a smart decision that assures you of income for life no matter how long you live or how well your ...