Wednesday, May 05, 2010
Alternatives to annuities? Plenty, say advisers
Laddered bonds, dividend-paying stocks and others can provide cash to retirees
Erin Botsford has not always been a fan of annuities.
In fact, the president of The Botsford Group — and self-professed “former anti-annuity girl” — had little interest in the insurance products until she encountered a wholesaler selling the first variable annuity with a living benefit. That was in 1999 — at the height of dot-com frenzy. “It felt like the markets were getting heated up and frothy, so I proposed the annuity to clients,” she recalled...
Investment News:
Erin Botsford has not always been a fan of annuities.
In fact, the president of The Botsford Group — and self-professed “former anti-annuity girl” — had little interest in the insurance products until she encountered a wholesaler selling the first variable annuity with a living benefit. That was in 1999 — at the height of dot-com frenzy. “It felt like the markets were getting heated up and frothy, so I proposed the annuity to clients,” she recalled...
Investment News:
Permalink posted by markw @ 4:44 AM 
 |
 |  |
  |
