https://community.aarp.org/t5/Retirement/6-Reasons-Annuities-May-Make-Savers-Hesitant-AARP-Article/m-p/2564991#M8125 <DIV>FROM THE ARTICLE - SEE ARTICLE FOR MORE!!!</DIV><DIV>&nbsp;</DIV><DIV><DIV>6 Reasons Savers Are Skittish About Annuities.</DIV><DIV>&nbsp;</DIV><DIV>Shifting assets into an annuity can provide a reliable income stream in retirement, but concerns remain about complexity and cost.</DIV><DIV>&nbsp;</DIV><DIV>By Nicole Ridgway, AARP. Published July 31, 2024.</DIV><DIV>&nbsp;</DIV><DIV>Are annuities catching on? The numbers seem to say so.</DIV><DIV>&nbsp;</DIV><DIV>Sales of these insurance products, primarily designed to convert assets into a guaranteed income stream, have increased for 15 consecutive quarters and reached a record $215 billion in the first six months of 2024, up 19 percent from the same period last year, according to LIMRA, a trade association that conducts research for insurance and financial services companies.</DIV></DIV><DIV>&nbsp;</DIV><P><SPAN><A href="https://www.aarp.org/retirement/planning-for-retirement/info-2024/annuity-concerns-problems.html" target="_blank">https://www.aarp.org/retirement/planning-for-retirement/info-2024/annuity-concerns-problems.html</A></SPAN></P> Mon, 05 Aug 2024 18:37:26 GMT SummerOnTheWay1 2024-08-05T18:37:26Z https://community.aarp.org/t5/Retirement/6-Reasons-Annuities-May-Make-Savers-Hesitant-AARP-Article/m-p/2564991#M8125 <DIV>FROM THE ARTICLE - SEE ARTICLE FOR MORE!!!</DIV><DIV>&nbsp;</DIV><DIV><DIV>6 Reasons Savers Are Skittish About Annuities.</DIV><DIV>&nbsp;</DIV><DIV>Shifting assets into an annuity can provide a reliable income stream in retirement, but concerns remain about complexity and cost.</DIV><DIV>&nbsp;</DIV><DIV>By Nicole Ridgway, AARP. Published July 31, 2024.</DIV><DIV>&nbsp;</DIV><DIV>Are annuities catching on? The numbers seem to say so.</DIV><DIV>&nbsp;</DIV><DIV>Sales of these insurance products, primarily designed to convert assets into a guaranteed income stream, have increased for 15 consecutive quarters and reached a record $215 billion in the first six months of 2024, up 19 percent from the same period last year, according to LIMRA, a trade association that conducts research for insurance and financial services companies.</DIV></DIV><DIV>&nbsp;</DIV><P><SPAN><A href="https://www.aarp.org/retirement/planning-for-retirement/info-2024/annuity-concerns-problems.html" target="_blank">https://www.aarp.org/retirement/planning-for-retirement/info-2024/annuity-concerns-problems.html</A></SPAN></P> Mon, 05 Aug 2024 18:37:26 GMT https://community.aarp.org/t5/Retirement/6-Reasons-Annuities-May-Make-Savers-Hesitant-AARP-Article/m-p/2564991#M8125 SummerOnTheWay1 2024-08-05T18:37:26Z https://community.aarp.org/t5/Retirement/6-Reasons-Annuities-May-Make-Savers-Hesitant-AARP-Article/m-p/2565781#M8136 <P>I think it's more to do with shifty insurance salesmen than an understanding of what annuities have (and don't have) to offer retirees.</P> Mon, 12 Aug 2024 17:56:22 GMT https://community.aarp.org/t5/Retirement/6-Reasons-Annuities-May-Make-Savers-Hesitant-AARP-Article/m-p/2565781#M8136 sktn77a 2024-08-12T17:56:22Z