Eighties Lifestyle

December 2008
Best's Review;Dec2008, Vol. 109 Issue 8, p53
Trade Publication
The article reports on the increase of cost of annuities for insurance due to the increase of average life spans of people in the U.S. It cites a cost comparison between an 85-year-old client wanting $2,500 a month for life purchases and a 65-year-old client who wants $2,500 monthly to begin at age 85. Furthermore, it presents a chart to illustrate two options to generate $2,500 of lifetime monthly income at 85 years of age.


Related Articles

  • Why CD Annuities Are Turning Heads. HERSCH, WARREN S. // National Underwriter / Life & Health Financial Services;6/1/2009, Vol. 113 Issue 11, p29 

    The article presents a reprint of the article "Why CD Annuities are Turning Heads," by Warren S. Hersch which appeared in the April 2009 issue of "Annuity Sales Buzz." It notes that the CD annuity offers a multi-year guaranteed rate of interest which lasts for the span of the surrender charge...

  • Expect More VA Guaranteed Living Benefits, Survey Says. Koco, Linda // National Underwriter / Life & Health Financial Services;2/6/2006, Vol. 110 Issue 5, p13 

    The article reports on the growth in the retirement income market. This was according to the study of The Diversified Services Group Inc. based in Wayne, Pennsylvania. The firm examined the retirement income efforts of variable annuity companies by product type and activity. The study found out...

  • Annuity/LTC Combos: Greater That Sum Of Parts. Hill, Timothy E. // National Underwriter / Life & Health Financial Services;2/6/2006, Vol. 110 Issue 5, p19 

    The article evaluates the current status of annuity or long term care insurance products. It also provides an analysis on how these products will evolve if H.R. 2830 is enacted. Currently annuities provide long term care benefits in three ways: (1) waiver of surrender charges; (2) enhancement of...

  • Retirement Plan Beneficiary Information Needs Regular Checkups. CUMMING, CHRIS // National Underwriter / Life & Health Financial Services;6/1/2009, Vol. 113 Issue 11, p32 

    The article discusses the importance of a regular check for the plan beneficiary information in all of plans including retirement, divorce, and birth or adoption of a child. It notes several points which give advantage and good purpose to plan holders including the significance of...

  • Picking Up the 500-Pound Phone. FOSTER JR., E. THOMAS // National Underwriter / Life & Health Financial Services;6/1/2009, Vol. 113 Issue 11, p33 

    The article offers tips on how a financial advisor could handle a conversation with his clients when he finally summon the strength to lift that 500-pound phone which has become the immovable object for the past few days. These tips include not being panic, performing a gap analysis, and not...

  • U.K. Annuity Rates, Money's Worth and Pension Replacement Ratios 1957�2002. Cannon, Edmund; Tonks, Ian // Geneva Papers on Risk & Insurance - Issues & Practice;Jul2004, Vol. 29 Issue 3, p371 

    This paper constructs a time series of annuity rates in the U.K. for 1957�2002, and examines the pricing of U.K. annuities, and the relationship between the accumulation and decumulation phases of a defined contribution pension scheme by focusing on the properties of the pension replacement...

  • Long-term benefits from short-term annuities. Denham, Alex // Money Management;10/6/2005, Vol. 19 Issue 37, p36 

    Reports on the advantage of short-term annuities for the client. Classification of short-term annuities; Qualification for the pension reasonable benefits limit; Maximum pension that can be paid out of an allocated pension.

  • How To Seize The Annuity Opportunity. Pinkans, Michael // National Underwriter / Life & Health Financial Services;8/4/2008, Vol. 112 Issue 29, p14 

    The article focuses on the significance of annuities. Annuities offer many benefits over traditional retirement savings plans. Perhaps the foremost of these benefits is a high return. Unlike most savings plans, an annuity accrues interest tax-deferred until an individual choose to withdraw....

  • Here They Come. FRIEDRICH, CARL // National Underwriter / Life & Health Financial Services;6/1/2009, Vol. 113 Issue 11, p16 

    The article discusses the key provisions of the Pension Act of 2006 addressing the taxation of combination annuity plans that features LTC insurance in the U.S. It notes that the development of combination annuities gives an opportunity for carriers to enhance persistency to levels much higher...


Read the Article


Sorry, but this item is not currently available from your library.

Try another library?
Sign out of this library

Other Topics