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September 9, 2009, Cover Stories, Annuities, Payout Mutual Funds
It’s Spee-Ahz, By a Nose!
Gaobo Pang and Mark Warshawsky's study supports a strategy of combining income annuities with mutual funds in retirement.
In a new research paper, a former U.S. Treasury official and a former World Bank economist suggest that a blend of mutual funds and income annuities is the best way to manage wealth and provide income in retirement.
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