With high inflation and volatility, do annuities make sense?
August 8, 2022 by William G. Lako
Rising interest rates, high inflation, and a declining stock market can push many investors to question their investment selection, especially those looking at retirement in a few short years.
As such, the Secure Retirement Institute reported total U.S. annuity sales are at their highest since 2008. Does it make sense to purchase annuities in times of volatility and uncertainty? Annuities are not a financial plan but products to use inside a structured plan to minimize an identified risk.
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Originally Posted at InsuranceNewsNet on August 7, 2022 by William G. Lako.
Categories: Industry Articles