The Center for Retirement Research at Boston College, recently published a study titled, "The NRRI and Annuities". The study surrounds the National Retirement Risk Index (NRRI) and calculates the number of American households at risk of being unable to maintain their pre-retirement standard of living in retirement.
One of the biggest obstacles retirees face is how to avoid outliving income. One of the biggest obstacles advisors face is how to overcome the negative hype surrounding annuities. This study is your opportunity to provide more third party information on the benefits annuities provide for guaranteed retirement income.
Here are a few bullets from the article:
..."to achieve real security in retirement, households need to get as much as possible out of their nest eggs in the draw down period. Annuities guarantee that households do not outlive their money."
..."In addition, an inflation-indexed annuity protects a households purchasing power against inflation."
..."Finally, annuities provide more monthly income than other approaches, such as the '4 percent rule' or living off of the interest on assets."
If you are interested in receiving the full study, please let me know.
