Women live longer than men, an annuity with lifetime income might make good sense It hasn’t even been that long ago women could not vote in America. Not only that, there was a time when women were considered “property” of their husbands in many parts of the world that is still the case. Fortunately, in [...]
The future is now! Income riders are flexible, adjustable and customizable. Do you remember as a child attending the local county fair and having your future read by “Madam” Zowee? I remember those days well, the first time I was about 8, and I was told I would grow up to play baseball for the New [...]
The Treasury has reiterated the need for “longevity income” for plan participants and outsourcing the responsibility to insurance companies seems like a good fit. Many companies build their portfolio around the need of their customers income needs lasting a long period of time. Insurance companies can reduce the risk of an individual making eh incorrect decision with their important assets.
What happens if you live longer than you expect? How do you make sure your funds last as long as you do? Do you invest in stocks? Bonds? Keep your money in the bank? Increased life expectancy is extending the time needed for our retirement funding, making sure our money lasts as long as we do has become the new “mantra” of the Baby Boomers.