Do You Get Your Money’s Worth From Buying An Annuity?

Do You Get Your Money’s Worth From Buying An Annuity?

What should you do with your money in retirement?

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Once upon a time, in the (somewhat mythical) past of traditional defined benefit pensions, your employer protected you from the risk of outliving your money in retirement, by acting, more or less, as an insurance company providing an annuity. With that benefit receding into the past, many experts have been hoping that Americans with 401(k)…

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