Ten Questions to Ask When a Financial Advisor Says: "You Know I'm Not a Big Fan of Annuities"
Many financial advisors seem conditioned to wear...
An asset any item of tangible or intangible value that entails a future benefit. For example, funds in a 401(K) are assets that can be converted into retirement funds or income at a future date.
Many financial advisors seem conditioned to wear...
Submitted by tom on
This discussion topic was originally posted in the form of a comment.
The general topic is how annuities compare to bonds. It is a natural question since both annuities and bonds provide owners with fixed payments.
We moved the comment here so that it can surface to a larger audience and hopefully generate further discussion and comments.
As noted below, the conceptual basis for this content is based on a great paper written a few years ago by Jason Scott--the Director of Retiree Research at Financial Engines.
The original post is as follows:
Submitted by tom on
There is a factoid that stuck in my head after reading the recent paper on retirement income sponsored by the