With Interest Rates Near Zero, Annuities Help Pick Up the Slack
Jul 23, 2020
2 minutes
A headline in The New York Times the other day caught my eye. It read: Rates at Rock Bottom Are Expected to Linger in Fed’s Latest Forecast.
- SEE MORE Is an Immediate Annuity for You?
The question that would be worthy of an in-depth article is, What Do Low Interest Rates Mean to Current and Future Retirees?
Based on conversations I’ve been having about exporting our Income Allocation planning method to Japan, which experienced the “Lost Decade” of ultra-low (and even negative) interest for retirement income that includes annuity payments should help address their concerns.
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