Mitigating sequence of return risk with annuities
January 15, 2015 by George Shave
According to the Social Security Administration, about 10,000 baby boomers retire every day. That translates to four million people hitting their retirement stride every year. As astounding as these numbers are, many will enter retirement with a false level of confidence about how long their retirement funds will last. According to the EBRI 2012 Retirement Readiness Report, 43 percent of boomers will experience a money short fall to pay for basic living expenses during retirement.
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Originally Posted at ProducersWeb on January 15, 2015 by George Shave.
Categories: Industry Articles