Annuities—Are They Right for You?

Almost half of workers plan to lock in an annuity at retirement. Part of the reason is that employer-provided retirement benefits are most commonly distributed to workers in the form of an annuity, according to a new report “Older Americans’ Ambivalence Toward Annuities,” published by AARP’s Public Policy Institute. The study examines the results of […]

Retirement Challenges for Boomers

Some 76 million Baby Boomer are now reaching retirement age, and they account for nearly one-fourth of the U.S. population. The oldest of those, reaching age 66 this year, are likely contemplating retirement or have already done so. About 10,000 a day qualify for Social Security payments, and many of them have done a poor […]

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