Monday, October 08, 2007
Using Annuity Laddering for Retirement Income
Why is there such a gap between what retirees want—a steady, guaranteed stream of income—and what they traditionally do with their retirement savings?
It’s a question that has puzzled academics, economists and others for years. But it’s one for which a solution appears to be emerging.
Retirees say they want a regular income check that will be there no matter what. In effect, they want the equivalent of a pension, a dependable source of income that is not subject to the vagaries of the market or other uncertainties.
Using Annuity Laddering for Retirement Income
Source: National Underwriter (subscription required)
It’s a question that has puzzled academics, economists and others for years. But it’s one for which a solution appears to be emerging.
Retirees say they want a regular income check that will be there no matter what. In effect, they want the equivalent of a pension, a dependable source of income that is not subject to the vagaries of the market or other uncertainties.
Using Annuity Laddering for Retirement Income
Source: National Underwriter (subscription required)