In the News

Title

INFOGRAPHIC—A New Approach to Retirement Income: Next-Gen vs. Traditional Vas

Document Type

Article

Publication Date

1-13-2015

Abstract

New research by Wade Pfau, Ph.D,. CFA examines client scenarios where a low-cost flat-fee IOVA may generate more retirement income versus a guaranteed VA. As guaranteed products have evolved over time and become more expensive, his findings show that in many scenarios, the flat-fee IOVA can be a more efficient solution to generate income and build wealth, while a guaranteed VA is more likely to deplete wealth.