Financial Planning News
Fri, 28 Jun 2013
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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.
Professor Meir Statman advocates a structured, total-return approach to income so retirees can tap their portfolios responsibly, but he also says annuities aren't the panacea they seem to be.
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.
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