DON’T GET LOST IN THE FOREST
In the third annual Income Study done by Greenwald & Associates/ Cannex, more than half of consumers age 55 to 75 see high value in having a guaranteed lifetime income. An annuity is the only financial product that can guarantee you an income paycheck for the rest of your life. It’s financial protection against running out of money and peace of mind that consumers find the most value out of all the benefits and features offered by guaranteed income products, but survey participants also pointed out the perceived disadvantages:- Too many terms and conditions
- Too expensive
- You don’t always get back the full purchase amount
- Too complicated