With the new FlexChoice guaranteed lifetime withdrawal rider on its flagship variable annuities, MetLife is betting that it can provide Boomers with a competitive income vehicle that's light on capital consumption.
Pfau's new book shows the benefits of replacing bonds with annuities for less risk and more income in retirement.
A fee-only adviser in Philadelphia used 'medically underwritten' or impaired annuities from Mutual of Omaha to increase the retirement incomes of older, single men in declining health.
This case study from Securities America uses life insurance to help a 'constrained' mass-affluent retired couple protect the surviving spouse from a partial loss of pension and Social Security income.
In this ongoing new feature, RIJ will ask and answer questions that pertain to retirement advisors and their clients. Our first Q&A concerns Medicaid annuities, which middle-class Baby Boomer couples who face nursing home costs should know about.
My nightmare scenario is that when rates go up, equity prices will fall, and millions of Boomers will wish they'd sold their stocks at the peak and bought income annuities with the proceeds.