Friday, April 23, 2010

 

The Power of the Purse: Annuity Sales to Women Rise

Women are living longer and after the financial crisis there is increased concern about not having enough money to last throughout their lifetimes.

As a result, more women are buying income annuities to ensure they have sufficient retirement income.

New York Life Insurance Co. sold 64% of its $1.9 billion in fixed immediate annuity sales last year to women...

Financial Planning: The Power of the Purse: Annuity Sales to Women Rise

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