You're most
likely living on a fixed income determined by your savings.
Not exact matches
Owners of
fixed indexed annuities (FIAs) with guaranteed
living income benefit (GLIB) riders are much less
likely to surrender their contracts than they were 10 years ago, according to new research based
on 3.3 million policyholders.
In all fairness, the low average discretionary
income of $ 26,066 is most
likely a reflection of the city's large aging population
living on fixed income pensions.
Owners of
fixed indexed annuities (FIAs) with guaranteed
living income benefit (GLIB) riders are much less
likely to surrender their contracts than they were 10 years ago, according to new research based
on 3.3 million policyholders.
Additionally, you will need to make premiums payments at a time in your
life when you are
likely to be nearing retirement and forced to
live on a
fixed income that is less than your working
income.