Are you missing out on an opportunity? Annuity myths have circulated inside financial (and client) circles for years. The truth is, annuities can help to diversify retirement portfolios and are one of the few financial solutions that address guaranteed income for life. But every financial instrument (stocks, bonds, and bank products) has good and bad features. Annuities are no different. For some people annuities are a good fit and a great opportunity, but many miss out because they NEVER even look.
As longevity risk plays a bigger role in retirement planning for individuals across the country, it’s important to separate the annuity myths from annuity truths and potential benefits.
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