Combine annuities with other income sources to plan for uncertain life expectancy

02/4/2014 | Forbes

Addressing longevity risk is an important issue in retirement planning, writes Jamie Hopkins, an associate director at American College's New York Life Center for Retirement Income. Several types of annuities can be used to transfer this risk to an insurance company. They can then be combined with investments that pay out for an indefinite period of time such as dividend-paying stocks, rents and reverse mortgages, Hopkins writes.

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