CE Credits: 1
Level of Complexity: Intermediate
Is it time to reassess annuities? Rising interest rates have increased the attractiveness of annuity payouts, longevity has increased while pension coverage has decreased, and products have evolved. This discussion will examine the pros and cons of using annuity income, guarantees on deferred annuities, fixed indexed annuities, and longevity annuities to maximize the ability to meet future financial goals. Goals-based Monte Carlo simulations will visually demonstrate how various annuity options can meet lifelong spending goals. Leave the session with a deep understanding of the past use of annuities and present opportunities for leveraging annuities in wealth management.