FIXED-INCOME ANNUITY HELPS RETIREMENT INCOMEMixing a fixed-income annuity into a retirement income account provides greater long-term wealth for investors than a portfolio of equity and bond investments alone, according to a study by MassMutual Financial.
The study tested the performance of various asset allocations within a hypothetical retirement account over a 27-year investment period to Dec. 31, 2006. Starting with a $100,000 investment, results ranged from $489,346 to $735,292, more than seven times the original deposit, at the end of the study period.
Register or login for access to this item and much more
All Accounting Today content is archived after seven days.
Community members receive:
- All recent and archived articles
- Conference offers and updates
- A full menu of enewsletter options
- Web seminars, white papers, ebooks
Already have an account? Log In
Don't have an account? Register for Free Unlimited Access