Experts: Annuities are a good fit for risk-averse seniors, boomers

01/9/2013 | National Underwriter Life & Health

Senior citizens and baby boomers are embracing annuities as a safer solution after growing weary of stock-market volatility, experts say. Annuities are especially appropriate for clients concerned about outliving their retirement savings, they add. "This is why annuities fit. They are guaranteed to keep up with inflation and provide an income stream for life," said Mark Pruitt of Strategic Estate Planning Services.

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