Annuities: A love story: OPINION
August 22, 2014 by Adam Cufr
How many meetings with widows will it take before you fully grasp the power of guaranteed income annuities in a retirement income plan?
I am yet to meet with a widowed woman who asked me what the rate of return is on the annuities in place after the death of her husband.
When she asks me if she is going to be okay, and I share with her that she will receive guaranteed checks each month for the rest of her life, does she question whether the index crediting method is annual point-to-point or if the variable subaccounts will be rebalanced annually? Click here to read…