Wednesday, October 31, 2007

 

Ups and Downs, Ins and Outs of Buying Annuities as Part of Your Retirement Plans

Annuities are (a) a great way to make your money last as long as you do; (b) fee-laden, lousy investments pushed by greedy commission-hoarding salesmen; (c) so complicated they make your head hurt.

The correct answer, of course, is (d), all of the above. But I'm risking Excedrin headache number 65 to review some of the newer developments in the annuities market, because some of them are getting better. And because we're not getting any younger.

Ups and Downs, Ins and Outs of Buying Annuities as Part of Your Retirement Plans
Source: Boston.com

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