Retirees, Ladder Annuities to Hedge Your Bets
by Mary Kane, Associate Editor, Kiplinger's Retirement Report
May 29, 2019
2 minutes
Handing over a large lump sum to an insurance company in exchange for a stream of guaranteed payments is a hard pill to swallow for many investors. Add in uncertainty about interest rates, which affect annuity payouts, and the decision to buy an immediate annuity becomes more challenging.
A laddering strategy could help ease that decision and potentially boost your guaranteed income. To build a ladder, make smaller
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