Does Your Annuity Lose Money from Inflation?
Written by Leonard Ohanian L.U.T.C.F All you baby-boomers or soon-to-be retirees depending upon a supplemental income to their Social Security retirement benefits are searching for financial ways to enhance their long and rewarding life. Many consider annuities as an option for this purpose. A terrific idea….but, did you know that the annuity you buy as a way to supplement your retirement income may be losing money due to inflation? As you know, annuities are insurance agreements issued by a company who promises a fixed dollar...
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