Deferred annuities are better deals than immediate annuities
January 23, 2023 by Mark Hulbert
Not only does the early bird get the worm, he gets a higher annuity payout as well.
That’s the finding of a new study that the National Bureau of Economic Research began circulating earlier this month. Entitled “Target Retirement Fund: A Variant on Target Date Funds That Uses Deferred Life Annuities Rather than Bonds to Reduce Risk in Retirement,” the study was conducted by John Shoven, an economics professor at Stanford University, and Daniel Walton, a data scientist at Uber Technologies.