Thursday, November 01, 2007

 

Why Annuities Are Such a Tough Sell

Retirees are at more risk than ever of outliving their savings. People are living longer, and it's becoming harder to rely on either social security or traditional, defined-benefit pension plans as a safety net.

Annuities, insurance contracts that pay a guaranteed stream of income, can help. But they are a tough sell.

Why Annuities Are Such a Tough Sell
Source: TheStreet.com

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