An insurer says it believes fixed annuities can help improve an investor’s overall returns even during years when investments perform well.
Income strategies specialists at Massachusetts Mutual Life Insurance Company, Springfield, Mass., come to that conclusion in a summary of results from comparisons of various relatively conservative asset allocations within a hypothetical retirement account.
The MassMutual analysts used an investment period that stretched from Jan. 1, 1980 to Dec. 31, 2006,