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

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