FWD: annuities & low interest rates

[Da...@panix.com]

rescued from the filters, looking into why:

From: "ps56k" <pschuman_...@interserv.com>

FYI -
http://finance.yahoo.com/news/interest-rates-low-annuities-sense-050107097.html
 
tough choices where to park money - for now and income for the future..

--
/ _/ _/ _/ _/ _/ _/ _/ _/ _/ _/ _/ _/ _/ _/ _/ _/ _/ _/ _/
No Good Deed -
         Goes Unpunished



--
David S. Meyers, CFP(R)

http://www.MeyersMoney.com

disclaimer: for educational purposes only. This is not financial
advice.

[Ron Peterson]

On Feb 8, 10:33 am, Da...@panix.com, S.Mey...@panix.com, CFP

<m...@meyersmoney.com> wrote:
> rescued from the filters, looking into why:
>

> From: "ps56k" <pschuman_no5pam...@interserv.com>
>
> FYI -http://finance.yahoo.com/news/interest-rates-low-annuities-sense-0501...

That's a good article, but many of the comments with the article
seemed to reflect a lack of understanding.

Too many financial instruments use the term annuity, but most people
should only be looking at immediate lifetime annuities.

The author makes a good point that with interest rates being low,
immediate annuities will have a low payout. I think that it is
reasonable to expect that interest rates will go up.

--
Ron