Tuesday, March 16, 2010
Annuities Offer Steady Income, Big Drawbacks
Insurers are pushing annuities as a way to protect investors from wild financial markets, but the products can be pricey and expose investors to inflation
Over the past two years, investors have been taken for a wild ride. Annuities offer a way off the roller coaster.
That, at least, is the marketing message of the insurance companies that offer an increasing array of annuity products. Independent financial advisers, however, warn that annuities are anything but a simple answer for investors in retirement...
Business Week: Annuities Offer Steady Income, Big Drawbacks
Over the past two years, investors have been taken for a wild ride. Annuities offer a way off the roller coaster.
That, at least, is the marketing message of the insurance companies that offer an increasing array of annuity products. Independent financial advisers, however, warn that annuities are anything but a simple answer for investors in retirement...
Business Week: Annuities Offer Steady Income, Big Drawbacks
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