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    • Best Annuities

    June 20, 2011 by Karen Hube

    By KAREN HUBE

    Shortly after George Altmeyer of Bucks County, Pa., retired from his
    senior-management job at a large industrial company, half his stock portfolio
    vanished. It was wiped out by the stock-market crash of 2008. But Altmeyer, 67,
    never lost a night’s sleep, and he doesn’t worry about whether he will run out
    of retirement income. His secret? He bought two kinds of annuities in 2007.
    “They give this blanket of security—it doesn’t matter what the stock market
    does, really,” he says.

    Annuities, maligned for years as expensive gimmicks, are now shining in a big
    way. The basic features that critics used …

    Originally Posted at Barron's on June 18, 2011 by Karen Hube.

    Categories: Positive Media
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