Will you need a ‘longevity’ annuity in retirement?
Wade D. Pfau
Get ready to hear a lot more in 2015 about “longevity insurance,” an increasingly popular product among would-be retirees and a potentially important tool for financial advisers.
Longevity insurance is more properly known as a deferred income annuity (DIA). “Deferred” is the key word.
Ruffenach, Glenn, "Will you need a ‘longevity’ annuity in retirement?" (2015). In the News. 452.