Monday, July 09, 2007

 

For annuity investors, living benefits are a safety net

...A recent survey of 1,000 Americans ages 55-80 with at least $75,000 to invest found that fear of stock market losses keeps many from investing in the diversified portfolios they need to generate adequate returns. Most would be interested in products with guarantees and, among those who are, most would pay 1 percent a year.

"The problem is fear of investing," said Mathew Greenwald, founder of the research firm Mathew Greenwald & Associates, which conducted the survey for NAVA, formerly the National Association for Variable Annuities...

Sun-Sentinel: For annuity investors, living benefits are a safety net

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