MILWAUKEE–(BUSINESS WIRE)–A study released by LIMRA, a leading insurance industry ‘think tank’ and international learning center, indicates very high satisfaction levels among buyers of fixed annuities. The survey results reveal that 83 percent of indexed annuity buyers and 86 percent of traditional fixed annuity buyers are satisfied with their deferred annuity purchase. Fixed annuities are…
The recent combination of record low interest rates and a decade of no growth in equities have been brutal on retirees. To make matters worse, there appears to be no relief in sight and the financial planning industry, which has long espoused the rule that a retiree could withdraw an inflation-adjusted 4% or 5%, without…