Randall & Hurley, Inc.
Loren D. Stark Company
EPIC Retirement Plan Services
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|Morningstar Report Suggests Jiu-Jitsu Tactic for Buying Annuities: Game Them Right Back by Waiting|
Oct. 30, 2015
"The 'when' is at least as important as the 'what' in purchasing the controversial retirement products ... [One] model, which incorporates the ability to make changes during retirement, reduces the optimal annuity amount by half on average.... [T]he costs associated with delaying the purchase of an annuity until it's needed are relatively small, provided retirees start to incorporate annuities by the 10th year of retirement."
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