annuities / annuity / coronavirus / income annuity / retirement

Worried retirement savers and retirees should consider annuities

People planning to retire this year should buy an annuity to guarantee future income now because annuity payouts that have been falling because of declining interest rates could fall further, says retirement income expert Wade Pfau “The simple income annuity can fit in for anyone who’s panicking about the stock market [and economy],” he says.

Full Story: ThinkAdvisor (free registration) (4/14) 
Source: Financial Planning for Women