Thursday, June 21, 2007

 

Variable Annuities Get An Image Makeover

Variable annuities have gotten bad press, sometimes deservedly so, but don't write these insurance products off altogether.

According to the financial research firm Tiburon Strategic Advisors, the cash generated as 76 million boomers sell their businesses, downsize their homes and liquidate their 401(k)s is expected to nearly double consumer investable income from $17 trillion to $30 trillion by 2010.

Variable Annuities Get An Image Makeover
Source: Yahoo! Finance

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