Tue, 11 Jun 2013
Read the rest of this article on Advisor One
T. Rowe Price senior financial planner Christine Fahlund discusses how low interest rates may impact annuity decisions, asset location, and the timing of Social Security.
Market trends have altered the benefits of several annuity products, and Morningstar's Kevin Loffredi examines what retirees should know before investing in these vehicles.
Downside market protection, more retirement spending certainty, and longevity protection are potential benefits of annuities in retirement plans, but they're not for everyone.
Vanguard's John Ameriks says annuities carry much value, but real-world issues and other disincentives make the products undesirable for many retirees.
©2014 Morningstar Advisor. All right reserved.