With Interest Rates Near Zero, Annuities Help Pick Up the Slack

August 5, 2020 by Kiplinger

A headline in The New York Times the other day caught my eye. It read: Rates at Rock Bottom Are Expected to Linger in Fed’s Latest Forecast.

The question that would be worthy of an in-depth article is, What Do Low Interest Rates Mean to Current and Future Retirees?

Based on conversations I’ve been having about exporting our Income Allocation planning method to Japan, which experienced the “Lost Decade” of ultra-low (and even negative) interest rates, this is on the minds of investors around the globe. I tell them — and you — that an Income Allocation plan for retirement income that includes annuity payments should help address their concerns.

Click HERE to read the full story via YAHOO! Finance

Originally Posted at YAHOO! Finance on July 23, 2020 by Kiplinger.