Is Buying an Annuity in a Zero Interest Rate Environment a Good Idea?

Is Buying an Annuity in a Zero Interest Rate Environment a Good Idea?

The Federal Reserve’s decision to cut its benchmark federal funds rate from 1% to a range of 0% raises significant questions for those reassessing their retirement nest egg—a common occurrence following a dramatic selloff in equities according to research conducted by Indiana University’s Alessandro Previtero —and the value of annuities in providing guaranteed lifetime income.…

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Source: Retirement Researcher

Is Buying an Annuity in a Zero Interest Rate Environment a Good Idea?

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