Cyn, thanks for making
my point about annuities being complicated.
Not exact matches
And then on the income side, we also offer very competitively priced income
annuity options; and I think the overall
point though is that if you decide that you want to talk to someone at Vanguard
about potentially purchasing an
annuity, that our experts are not commissioned and their performance isn't based on making a sale.
If at some
point my brain can't keep up with generating an income from equities then I'd probably switch to an
annuity and forget
about investing altogether.
Industry analysts expect overall U.S. variable
annuity sales to shrink by
about 10 to 15 percent in 2017 compared to 2016, with many people
pointing to Department of Labor's fiduciary rule as a big reason.
Large broker - dealers and wirehouses are tuning into income
annuities, to the
point that they are asking for support and information
about the products, according to CANNEX...
So comparing a society - wide
annuity scheme with self savings is apples - vs - oranges (side note: the debate
about privatizing US Social Security frequently confuses this
point).
I appreciate your addition to the discussion, good
point about using
annuities as a potential replacement for some of a retirees bond allocation.
Or how
about if over the course of a long retirement now - dormant inflation re-awakens to the
point that your
annuity payment can no longer cover as much of even your day - to - day expenses as it once did?
And then on the income side, we also offer very competitively priced income
annuity options; and I think the overall
point though is that if you decide that you want to talk to someone at Vanguard
about potentially purchasing an
annuity, that our experts are not commissioned and their performance isn't based on making a sale.
The key
point to remember
about any
annuity income rider is that it is not a walk away amount.
At the
point when she and the husband separated, the wife was still entitled to receive
about 13 years» worth of payments from the
annuity.
Below are a few key
points to know
about Single Premium Immediate
Annuities.