Tuesday, April 20, 2010
When should clients use immediate annuities in retirement?
Let's take a look at a simple example and see under what circumstances an immediate annuity might be appealing.
Assume we have a married couple, age 65, with $1,000,000 of retirement assets. If they buy a joint and survivor annuity today, the estimated payment would be about $62,600 per year for as long as they live (this quote was obtained from one of the highest-rated, direct annuity issuers in the industry)...
Investment News: When should clients use immediate annuities in retirement?
Assume we have a married couple, age 65, with $1,000,000 of retirement assets. If they buy a joint and survivor annuity today, the estimated payment would be about $62,600 per year for as long as they live (this quote was obtained from one of the highest-rated, direct annuity issuers in the industry)...
Investment News: When should clients use immediate annuities in retirement?
Permalink posted by markw @ 4:57 AM 
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