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By Ed McCarthy, CFP |
May 6, 2009
Depleted investment portfolios, reduced dividend payouts, and low interest rates have created a much more challenging environment for retired income investors. Consequently, immediate annuities' guaranteed lifetime income has become more attractive.
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By Melanie Waddell, AdvisorOne |
March 1, 2009
As affluent retirees' worries about their financial well-being continue to mount due to the market and economic swoon, sales of immediate annuities are seeing a...