This Annuity Feature Would Help Clients Manage a Health Shock

News June 06, 2025 at 01:36 PM
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What You Need To Know

  • Economists believe the percentage of retirees who annuitize assets is much lower than it should be.
  • One possible reason is retirement savers' fear of health shocks.
  • Colin Ramsay and colleagues say: Offer an annuity that changes when the owner suffers a health catastrophe.
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