The Role of Annuities in a Comprehensive Retirement Portfolio
May 3, 2021 by John Williams
What You Need to Know:
- The pandemic has increased the percentage of older workers who say they have retired.
- Uncertainty about the future has increased.
- Annuities can help clients shift interest rate risk.
The pandemic has given us all historical pause while causing widespread change, especially across the workforce.
A 2020 economic study uncovered information that suggests many older workers chose early retirement because of the pandemic, with 60% of people who left the labor force through early April saying they were retired, which is 7% higher than reported in January before the pandemic took hold in the U.S.
Click HERE to read the full story via ThinkAdvisor
Originally Posted at ThinkAdvisor on April 27, 2021 by John Williams.
Categories: Industry Articles
