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Baby boomers brace for longevity risk with guaranteed annuities.

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The good news for baby boomers has been well documented and heavily publicized: Boomers are going to live for a long time, thanks to medical advances and lifestyle changes. However, this good news carries with it a fundamental challenge: How can boomers continue to increase and protect their lump-sum nest eggs throughout their retirement years without the fear of running out of money?

Insuring Retirement Assets Against Loss

While most people are comfortable insuring homes, cars, life, and income, they are not as comfortable with the concept of insuring retirement assets. The source of this discomfort lies in the type of vehicle that has been ...

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