Good luck figuring this one out. When it comes to the one sure-fire solution—immediate fixed annuities—retirees have a split personality. According to research out of Harvard, 77% of retirees wish they had locked in a guaranteed income ...
The guarantees are thinner and many of them are heavily invested in fixed income, which puts a squeeze on returns if equity markets turn north, he says. In 2007, an investor could get annuities that were heavily invested in the equity market with strong guarantees.
Annuity contracts contain exclusions ... All guarantees, including optional benefits, do not apply to the underlying investment options. Fixed income investments are subject to risk, including credit and interest rate risk.
IncomeProtector(SM) and GrowthProtector(SM) annuities were launched in 40 states on Monday, April 30. These new fixed indexed annuities are expected to be available in 49 states by year-end 2012. Allstate research shows that consumers of all ages worry ...
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