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.
There currently exists what would appear to be a once in a lifetime opportunity for life insurance companies who are essentially the manufacturers of asset decumulation products such as annuities.
Submitted by tom on
Yet another interesting article from Darla Mercado at Investment News discusses the push among financial advisors to consider annuity purchases in the context of a larger retirement planning process.
Submitted by tom on
This forum thread is a continuation of a conversation that began as a comment and can be found here:
The comment came from Phillip Hawley and is as follows:
Teresa Ghilarducci is a staunch advocate of comprehensive...
