Touring this marble-walled canyon, I could see millions of years into Taiwan's geological past and a few years into its demographic future.
Three retirement experts talk about boring products that you might wish you owned right now: I-Bonds, cash value life insurance and annuities.
Franklin Templeton SVP Drew Carrington says his firm's Defined Maturity Funds, which work like bond ladders, could provide retirement income for 401(k) participants, and could be paired with qualified longevity annuity contracts.
A mortality and longevity expert at Willis Towers Watson writes that 'the variability of the mortality impact by age makes the impact highly variable by type of insurer.'
Near-retirees who are in Jim Otar's "crowded" Red Zone don't have a lot of options. "Their only choice is annuities," writes the Canadian author/advisor in the concluding chapter of his new book.
Bank of America’s new service, My Retirement Income, is a revival of a program created at Merrill Lynch in 2006.
The $300,000 figure is one of 10 “myths” that the FRC dispels in a new report, “Making Sense of Investor Needs in the Retirement Income Market.”
During the first nine months of 2009, Jackson, a subsidiary of the UK's Prudential plc, generated $6.7 billion in VA sales, a 32% increase over the same period of 2008.
After losing $258 million in the third quarter of 2008, Genworth reported net income of $45 million in the same period this year, before provision for non-controlling interests.
“A lot of plan consolidation is taking place and those plans that are changing providers want a seamless transition,” a MassMutual executive said.
If the Australian economy continues to expand as expected, rates could return to “a more normal 5%” in the next year or two, one analyst said.