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Tag Archive: guaranteed lifetime withdrawal benefit explained

Running out of money?

Running out of money?

Written By: Robert Zimmerman | H&R Advisory Service, LLC One of the main concerns in retirement years is: ‘Will my money last me as long as I live? When you look at the low interest rates available for ‘safe money’ accounts, it is quite apparent that there is a legitimate reason for this concern. After all, if inflation runs at 3% and your savings receive 1.5%, you lose purchasing power even if you simply let the money sit in your account. How is it, then,...

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