Friday, February 26, 2010
The Case for Annuities Grows as More Boomers Retire
As the Baby Boomers head into head into retirement, more and more of them will be facing a situation that a growing chunk of retirees are already grappling with: life in retirement without a pension.
What's worse is there have been numerous studies that have shown the Boomers have not saved enough to fund what will be potentially 25 to 30 years of a healthy and active retirement.
To help solve this problem, many in the investment world are taking a fresh look at annuities, and many financial planners — and even President Barack Obama's administration — are finding there's a lot there to like...
CNBC: The Case for Annuities Grows as More Boomers Retire
What's worse is there have been numerous studies that have shown the Boomers have not saved enough to fund what will be potentially 25 to 30 years of a healthy and active retirement.
To help solve this problem, many in the investment world are taking a fresh look at annuities, and many financial planners — and even President Barack Obama's administration — are finding there's a lot there to like...
CNBC: The Case for Annuities Grows as More Boomers Retire