When it comes to crafting a proper retirement plan, there’s no playing around — and pre-retirees who are looking for the most appropriate financial tool to do so have a wide range of annuity options to help.
Valerie Brown, president of ING’s retail annuity sales division, says that both fixed and variable annuity products have a suitable place in certain customers’ plans, but says that
“Some product is better than other, no matter the carrier, so it’s important to work with an advisor who has integrity and is someone you trust,” Brown says. “All consumers should do some homework. The decision on what to purchase really depends on their need — do they want something that’s totally fixed, or do they feel that the stock market will bring them better rewards?”