Annuities and bond ladders aren't alternatives to each other

10/22/2013 |

As baby boomers get closer to retirement, they often ask whether immediate annuities or bond ladders are better sources of reliable income, writes Bob Carlson. "You should know that bond ladders and immediate annuities aren’t true alternatives to each other," he notes. "They don’t have the same goals and aren’t interchangeable."

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