Longevity annuity alleviates worries about outliving your money
Wade D. Pfau
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.
Consumer Reports, "Longevity annuity alleviates worries about outliving your money" (2013). In the News. 498.