The annuity industry has done a poor job educating the public on the history of the product dating back to the Roman Times, and the unique benefit proposition that only annuities can provide. That financial monopoly is…
Lifetime Income.
Like most industries, there’s an internal language used that doesn’t easily translate to consumer speak. Agents and advisors mistakenly refer to industry terms and definitions instead of translating that “annuity industry language” so it’s easy to understand for the person shopping for their best Retirement Annuity. What’s in a name? If you said “Retirement Annuity” to a group of annuity industry bigwigs, […]
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