What You Need to Know
Guaranteed income can make participants more likely to stick with their portfolio during times of higher volatility, my research shows.
Other recent research I’ve conducted has found that annuities can act as a “license to spend” in retirement. Advisors should consider these findings when creating holistic retirement income strategies. Guaranteed lifetime income, and annuities in particular, commonly are viewed as a way to simplify decisions around generating income in retirement.There are a myriad of assumptions, and uncertainties, related to withdrawing money from a portfolio in retirement. Allocating to products that provide guaranteed lifetime income […]
Full Post at www.thinkadvisor.com