Why Annuities Belong In Clients’ Retirement Income Plans

May 7, 2024 by Paul R. Samuelson

I drive a Chevy Volt, frequent public transportation and bike to work when the weather allows.

I’m conservative in my spending and investing and relatively immune to fads. I won’t be baited into paying extra fees for goods or services when I don’t think they’re worth the cost.

So readers may find it surprising that I agree with ardent annuity advocates that guaranteed income products hold a rightful place in many clients’ retirement plans. The marketplace seems to agree: Witness the boom in annuity sales over the past two years.

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Originally Posted at Financial Advisor on May 1, 2024 by Paul R. Samuelson.