An Introduction to Annuities
Baby boomers are retiring at the rate of 10,000 people every day and will continue to do so for the next 19 years. That means 3,650,000 people will retire in the next 12 months, or 69,350,000 people over the next 19 years. Some have prepared well for retirement, but a lot haven’t. Regardless of which group a boomer is in, many tend to share a common worry, will they outlive their money in retirement?