If you are trying to plan for or pay for retirement by investing in CDs or bonds, you probably agree with this assessment: Good luck! Historically low interest rates on traditional safe harbor investments like CDs and bonds are throwing a wrench in many retirees’ plans to enjoy their retirement. Not wanting to risk their nest eggs on the roller coaster stock market, retirees want alternatives that give them asset protection and the chance for asset growth during good times. A growing number of them are turning to fixed index annuities, an insurance vehicle that protects principal, provides guaranteed income
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Stock Market Risk Drives Interest in Annuities
News.