FWD: annuities & low interest rates

rescued from the filters, looking into why:
From: "ps56k"
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  tough choices where to park money - for now and income for the future..
-- / _/ _/ _/ _/ _/ _/ _/ _/ _/ _/ _/ _/ _/ _/ _/ _/ _/ _/ _/ No Good Deed -          Goes Unpunished
David S. Meyers, CFP(R)                                                 
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That's a good article, but many of the comments with the article seemed to reflect a lack of understanding.
Too many financial instruments use the term annuity, but most people should only be looking at immediate lifetime annuities.
The author makes a good point that with interest rates being low, immediate annuities will have a low payout. I think that it is reasonable to expect that interest rates will go up.
-- Ron
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Ron Peterson

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