Estimated reading time: 0 minutes, 17 seconds

Guaranteed Annuities May Fail With Severe Market Decline

Annuities with guaranteed living benefits, which as their name implies provide guaranteed income, may fail if capital markets experience a catastrophic decline. So warns Michael Kitces in his Nerd’s Eye View blog.

He maintains that investors considering guaranteed living benefits should instead invest conservatively and restrict their spending.

Read the full article from Nerd’s Eye View.

Read 10007 times
Rate this item
(0 votes)

Visit other PMG Sites:

PMG360 is committed to protecting the privacy of the personal data we collect from our subscribers/agents/customers/exhibitors and sponsors. On May 25th, the European's GDPR policy will be enforced. Nothing is changing about your current settings or how your information is processed, however, we have made a few changes. We have updated our Privacy Policy and Cookie Policy to make it easier for you to understand what information we collect, how and why we collect it.