Wed, Sep 09, 2009
The payout from Phoenix's Retirement Income Options variable income annuity is life-contingent and variable during the "early retirement" stage, but pays a fixed income with a death benefit during the optional "later retirement" stage.
Tue, Sep 08, 2009
“People don't know what to do with their money in general,” one advisor told Pensions and Investments. “It may get worse the older you get, but really this is a problem for all workers.”
Tue, Sep 08, 2009
Nearly four-in-ten adults who have worked past the median retirement age of 62 told Pew Research that they delayed their retirement “because of current economic conditions.”
Tue, Sep 08, 2009
The president told Americans, “If you work hard your whole life, you ought to have every opportunity to retire with dignity and financial security."
Tue, Sep 08, 2009
Since the end of 2008, Sun Life, American Equity Investment Life and MassMutual have joined the list of the top 20 annuity sellers, while Genworth Financial, Principal Financial, and Allstate have slipped off.
Wed, Sep 09, 2009
Almost 90% of purchasers of new variable annuity contracts are electing living benefits and almost 60% are electing guaranteed lifetime income riders, despite industry-wide pull-backs in those benefits.
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RIJ Publishing, 4340 Knollwood Dr., Emmaus, PA 18049, 610-965-3103
Retirement Income Journal is an online magazine dedicated to writing for and about the industry that has coalesced around the challenge of helping Americans turn their savings into secure lifetime incomes. This industry includes members of the insurance, asset management, banking, pension, structured products, reverse mortgage, information technology, financial planning and academic communities and the professional organizations that serve them.
Send editorial queries to kerry.pechter@retirementincomejournal.com.
