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Home>Annuity Puzzle Solved: Don’t Buy Them

Annuity Puzzle Solved: Don’t Buy Them

Advisor One

Tue, 2 Jul 2013

Defying conventional wisdom, Kent Smetters of the Wharton School and Felix Reichling of the CBO say low demand for annuities is no mystery. If there is an annuity puzzle, it is why people don't short them.

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