Annuities Solve Two Consumer Wealth Challenges: Analyst

September 18, 2017 by Cyril Tuohy

A focus on generating income in retirement and planning for the risk of living too long are among the trends that will define the future of consumer wealth, a consultant who tracks the financial advisor market said last week.

Annuities are designed to deliver income in retirement and solving for longevity risk by generating income a policyholder can’t outlive solve both challenges.

Consumers used to earning a paycheck during their working lives are going to start asking about the kinds of products that can deliver regular income, said Chip Roame, managing director of Tiburon Strategic Advisors.

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Originally Posted at InsuranceNewsNet on September 18, 2017 by Cyril Tuohy.