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CHICAGO -- Odds are growing that you'll live past 85. But will your money last that long? And what if you make it to 95 or 100?
HOW it WORKS: Longevity insurance is the term used to describe specialized annuities that provide lifetime monthly payments beginning at an advanced age, often 85. You give an insurer a portion of current savings, commonly a lump sum of $25,000 to $100,000, to buy guaranteed income for the later years of retirement.
John Hancock Annuities has launched 'Inflation Guard,' an innovative annuity that combines a principal guarantee with the ability to help protect the purchasing power of retirement assets from the impact of inflation. Â
Stone Street Capital, an industry leader in purchasing structured settlements, receives a best-in-class 5-star rating from TopConsumerReviews.com.Overland Park, KS (PRWEB) August 18, 2011 TopConsumerReviews.com recently awarded their highest five-star rating to Stone Street Capital, an industry leader in purchasing structured settlements.“We’re pleased to receive TopConsumerReviews.com’s highest ...
By Laura Rowley, DailyFinance NEW YORK (Daily Finance) -- After last week's intense, if short-lived, stock-market crash, immediate fixed annuities might be looking good, especially to older investors. In fact, a new study finds that investors tend to base their annuity decisions on very recent market trends, making them more likely to annuitize during a market drop. But that approach can take a ...
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