Broadcasts.com - "The Negative Perception of Annuities" (Ready, Set, Retire!)

Published: June 18, 2024, 8 a.m.

Takeaways:

Many retirement savers are concerned about outliving their assets and are considering annuities as a source of guaranteed income.
There is a lack of interest in annuities among clients, despite their desire for safer portfolios and income protection.
The word 'annuity' has a negative connotation in the industry, but it offers stability and income in retirement.
Investment houses are realizing the benefits of annuities and are trying to capture and keep clients in-house.
It is important to have a balanced approach to retirement savings and not rely solely on one investment vehicle.

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