Wednesday, January 21, 2009

 

Annuities: the Answer to a Weak Stock Market?

Annuities, or contracts with insurance companies that usually provide guaranteed income streams, can seem like the holy grail of retirement planning. They offer a safer option for investors worried about the fluctuating stock market or low returns from bonds. But they also tend to be expensive and are sometimes so complicated that even financial advisers have trouble understanding them.

Annuities: the Answer to a Weak Stock Market?
Source: U.S. News & World Report

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