Annuities Surge in Retirement Boom

Annuity sales surge as baby boomers retire, with record $464 billion in 2021. SPIAs and DIAs offer guaranteed payouts but lock funds away. Variable and indexed annuities, acting like investments, gained popularity due to higher fees and complexity. Experts advise starting with basics, delaying Social Security, and layering in SPIAs or DIAs for true longevity protection. Support the show:Get a discount at https://solipillow.com/discount/dnn. Advertise on DNN:[email protected] This is an automated, high-level news summary based on public reporting.Report issues to [email protected]. View sources & latest updates:https://sources.thednn.ai/c4cc70528e925419

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