Monday, March 30, 2009
Opportunity knocks in the guise of TIPs and annuities
Some things are certain. Over the next 10 years, millions of baby boomers are going to retire, dependent entirely on Social Security and 401(k) balances, and the Department of the Treasury is going to issue trillions in debt. The baby boomers are going to need to transform a substantial portion of their 401(k) balances into annuities — products that guarantee lifetime income — and the providers of annuities are going to need long-dated inflation-indexed bonds...
Investment News: Opportunity knocks in the guise of TIPs and annuities
Investment News: Opportunity knocks in the guise of TIPs and annuities