Save Clients From Owning an Anti-Annuity: Idea File
September 30, 2020 by Allison Bell
Financial professionals can’t give clients much happy news these days about the stock market, about bond yields, or about how eager life insurers are to provide high minimum annuity crediting rate guarantees.
But professionals can recommend that clients take care of themselves, in an effort to keep chronic health problems from turning into income-eating anti-annuities later in life.
Nationwide’s content arm, the Nationwide Retirement Institute, has come out with survey results suggesting that many U.S. consumers are taking the idea that “health is wealth” for granted, and, possibly, squandering opportunities to protect and increase that form of wealth.
- A collection of the new Nationwide survey results is available here.
- An article about Nationwide long-term care planning survey results is available here.