Income Illiteracy May Favor Simple Annuities

May 16, 2017 by Cyril Tuohy

High rates of retirement income illiteracy among people 60 or older could favor simple annuities in the future, a retirement income expert said.

After all, the golden rule of investing is to avoid investing into what you do not understand.

Simple income annuities are among the most straightforward income products in the retirement income marketplace.

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Originally Posted at InsuranceNewsNet on May 15, 2017 by Cyril Tuohy.