by John Darer CLU ChFC CSSC RSP CLTC
Consumers largely said they do not understand annuity products, and consider annuities from an investment perspective rather than a consumption perspective; increased education about annuities and the value of lifetime income streams may increase the appeal of those products, according to the " 2013 Life-Annuity Consumer Markets Annual" a March 15, 2013 publication of Hartford Connecticut based Conning and Company.
“Most investment products are all about maximizing return, but annuities are doing something different, which is acting as a hedge against market volatility and longevity risk,” says Matt Sadowsky, Director of Annuities at TD Ameritrade in its monthly newsletter The Ticker Tape Monthly. “The primary reason we offer annuities is to help clients hedge the risk of outliving their assets. And once investors remove fear from part of the equation, they are better positioned to make smarter, less emotional decisions with the rest of their portfolio.”
Structured settlement annuities are not only for those who have suffered a catastrophic personal injury. If you are receiving a recovery for wrongful death or an employment related settlement, taxable damage settlement, or an attorney with a contingency fee, allocating part to a structured settlement can protect your recovery and possibly put you in a better position to make smarter, less emotional decisions with the remainder.
For more information about using annuities (including structured settlement annuities) as a hedge against market volatility and longevity risk please call me, John Darer, at 203-325-8640 [Toll-free 888-325-8640 in USA]
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