Mon, 27 May 2013
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Retirement Readiness Bootcamp Part 2: Social Security, pensions, annuities , and other sources of nonportfolio income are important parts of any retirement plan.
Investors should think of annuities like other risk-management tools, weighing how much they value the protection of lifelong income, says Morningstar Investment Management's David Blanchett.
These products can be a good fit for those who are delaying Social Security and who have good health and longevity in their family histories, says financial-planning expert Michael Kitces.
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