InvestmentNews.com released another beneficial report on the use of variable annuities with a guaranteed lifetime withdrawal benefit. You can read it here.
These are very popular products and according to the report, Ibbotson Associates Inc. conducted a study to test variable annuities against traditional retirement income strategies..
In a 30 year period from 1979-2009, the annuity performed well as a substitute for the fixed income portion of a traditional portfolio.
As you may or may not know, Annuity Straight Talk has been suggesting this for quite some time and we have a report that simplifies this specific type of annuity so each potential consumer can fully understand the benefits and disadvantages.
Sign up now for our GLWB report to get more detail on variable annuities with guaranteed lifetime income riders.