Thursday, September 24, 2009

 

Annuities and the Hundred Thousand Dollar Challenge

Last week, I wrote a column that was critical on annuities. It sparked a bit of debate in the Bogleheads forum noting some experts in finance were now recommending them. I conceded that a low cost immediate annuity could have its place under certain circumstances including being over the age of 70 and needing longevity insurance. My favorite response, however, came in the form of a private email offering to educate me, but only if I was “serious about learning more..."

BNet: Annuities and the Hundred Thousand Dollar Challenge

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