Annuities aren’t sexy and in recent years the payouts have been miserable. Still, they offer retirees a secure income no other investment can match.
annuities
Ostensibly about retirement strategies, but really a discussion about investing philosophy. Plus the rest of the week’s good reads…
The case for income drawdown instead of an annuity for retirement income is sweeter than ever thanks to recent rule tweaks.
Research suggests a blend of level annuities and equities is the best asset allocation for a retiree, but an escalating annuity offers more security.