Monday, July 07, 2008
New Funds Can Provide Payments in Retirement
Some consumers use annuities, which are contracts sold by insurance companies, and create an income stream at a later point in time, typically at retirement, to provide steady cash flow.
But there's a new kid in town called a managed-payout mutual fund, which is similar to annuities but definitely not the same.
New Funds Can Provide Payments in Retirement
Source: Insurance News Net
But there's a new kid in town called a managed-payout mutual fund, which is similar to annuities but definitely not the same.
New Funds Can Provide Payments in Retirement
Source: Insurance News Net