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Jonathan Clements: Investments That Help Retirees Maximize Income

TedTed
in The Bullpen
FYI: When we are young, insurance companies—figuring most buyers will live many more decades—happily sell us life insurance at low prices.
But once we get into our 60s and 70s, insurers are willing to make the opposite bet: They will sell us annuities that pay generous lifetime income, knowing that—while some buyers might live to age 95—others will die at 75
Regards,
Ted
http://blogs.wsj.com/totalreturn/2015/05/14/investments-that-help-retirees-maximize-income/tab/print/?mg=blogs-wsj&url=http%3A%2F%2Fblogs.wsj.com%2Ftotalreturn%2F2015%2F05%2F14%2Finvestments-that-help-retirees-maximize-income%2Ftab%2Fprint
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