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6 Reasons To Consider Buying Longevity Insurance
Over the last few years, annuities have begun to take a more prominent role in the retirement income planning process and part of the reason is longevity risk. According to retirement expert Tom Hegna, CLU®, ChFC®, CASL®, author of Pay Checks and Play Checks, “math and science demands that in order to have a successful retirement, you must take longevity risk off the table. Stocks, bonds, CDs, and Real Estate CANNOT take longevity risk off the table. Only some form of lifetime income annuity can do it – Social Security, Pension, or lifetime income annuity.” Read more…