Longevity Annuity?

1 reply [Last post]
Dust Bunny's picture
Offline
Joined: 2007-05-07

Does anyone know what and how this works?   What companies are offering this product?
I have an insurance wholesaler who is telling me this is the next best thing in the insurance area and is eager to come to my office to make a presentation to me.   
 

AllREIT's picture
Offline
Joined: 2006-12-16

Dust Bunny wrote:Does anyone know what and how this works?   What companies are offering this product?

I have an insurance wholesaler who is telling me this is the next
best thing in the insurance area and is eager to come to my office to
make a presentation to me.

I'm guessing this is some kind of lifetime income annuity.

IMHO the best of these is the one Vanguard offers through AIG, which includes a CPI link.

Other annuities offer various annual increase rider's, but that can't protect you vs serious inflation (a la the 1970s).

Please or Register to post comments.

Industry Newsletters
Careers Category Sponsor Links

Sponsored Introduction Continue on to (or wait seconds) ×