From left, study researchers Michael Finke, Ph.D., CFP, and Wade Pfau, Ph.D., CFA. Annuities still have an image problem, but new research including 10,000 simulations show income annuities really do improve retirement outcomes compared to investments alone.
This is according a study commissioned by Principal Financial Group and conducted by Michael Finke, Ph.D., CFP, and Wade Pfau, Ph.D., CFP, nationally renowned researchers from The American College (who are not affiliated with Principal).
After running the Monte Carlo simulations for stock and bond returns and crunching the numbers, the research revealed how retirees can use guaranteed income annuities to not only improve […]
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