Are annuity rates about to fall…forever?

There are rumblings in the press about a possible downturn in annuity rates.  They’ve been on the up for some years so it wouldn’t be a surprise if they dropped now – nothing goes up forever.  The real question for me is will they ever come back up again? Life expectancy is rising and annuities pay out until you die – how can it last?

Many people that I have spoken to about their impending retirement have indicated that annuities are very unattractive to them anyway.  Perhaps it’s time to pay more attention to the alternatives.

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