Negative real interest rates have become a disincentive to personal savings, especially among lower-income Americans who will rely heavily on Social Security and Medicaid anyway, this team of economists from Stanford suggests.
Like registered index-linked annuities (aka structured annuities), Innovator's Defined Outcome ETFs use options to generate a customized range of returns based on the movement of an equity index.
Low interest rates send players in different niches of the retirement business in different directions toward different solutions for different types of customers. Here's how the leading FIA issuer cracks the nut.
Deciding to buy the contract wasn't easy. Maybe it wasn't even rational. But we feel relieved. We don't sweat these short-term market slides.
'We are living in a strange new world, one in which financial markets are being stretched in ways that scarcely could have been comprehended a decade ago' - Jeff Sommer in the New York Times, February 28, 2020.