Monday, June 09, 2008

 

Should We Deconstruct and Reformulate the Immediate Annuity?

The immediate annuity is a double-edged sword. On one hand, it provides guaranteed income immediately in retirement that can last a lifetime. Financial planners say this makes the immediate annuity a very good thing for people who live beyond their expected life span. People who do not have the financial skills to make their savings last a lifetime and those who simply want a regular paycheck should also consider immediate annuities.

Should We Deconstruct and Reformulate the Immediate Annuity?
Source: Insurance News Net

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