Annuities: Criticisms and Rebuttals

For some clients, criticisms of annuities may have some validity. But that doesn’t mean annuities aren’t appropriate for anyone.

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Annuities, as a whole, often get bad reviews. Money mavens and financial pundits and business publications, love to reel off a list of criticisms about annuities’ suitability and relative value for consumers.

For some clients, sure, these criticisms may have some validity.

But that doesn’t mean annuities aren’t appropriate for anyone. In many cases, annuities may offer clients:

  • An answer to worries about longevity and outliving retirement income.
  • A way to satisfy a desire to diversify future retirement income streams.

What is one of the more common criticisms aimed at annuities generally — and what makes it off base?

Read the full report from MassMutual in RT65 beginning on page 12.

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