Should US retirees delay claiming Social Security until age 70, even if they have to spend savings until then? The Center for Retirement Research at Boston College proposes that strategy as a default option in retirement plans.
'Annuities, when designed and used appropriately, can help investors address key financial needs,' a Fidelity spokesman told RIJ.
'As the high returns are largely due to dropped interest rates, the rosy figures will in part disappear as soon as interest rates rise again,' said a Dutch pension consultant.
Fidelity, Charles Schwab and Vanguard were the three firms most often named by investors without hints, according to Cerulli Associates. (Forty years of brand-building never hurts.)
With the impeachment hearings and the looming 2020 election taking up much of legislators' bandwidth, the SECURE Act continues to be going nowhere fast in the Senate.