In the News

Title

Longevity annuity alleviates worries about outliving your money

Document Type

Article

Publication Date

7-18-2013

Abstract

You might be confident that your nest egg will fund your lifestyle until 85. But what if you live to 95? Longevity annuities, or longevity insurance, are a newish breed of annuity offering the pension-less a stream of payments in old age that can alleviate worries about outliving your money or downgrading your quality of life.