Study: Why annuities may not be the best choice for the risk-averse retiree

07/15/2013 | Nerd's Eye View blog · Financial-Planning.com

A study by researchers from the Congressional Budget Office and the Wharton School of Business explains why annuities may not be the best choice for retirees in poor health who fear outliving their money. Financial writer Michael Kitces unpacks the study, which examines how an annuity may be a poor investment vehicle for people facing health crises, which can reduce the value of an annuity while increasing the need for cash to pay for care.

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Nerd's Eye View blog · Financial-Planning.com

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