2/26/2013 – More boomers buying ‘longevity’ annuities (The Wall Street Journal)

Economists and policymakers in recent years have begun encouraging pension-deprived Baby Boomers to consider relatively new products known as longevity insurance or “deferred income” annuities, designed to restore some financial security to what are supposed to be their golden years. News today from New York Life Insurance Co. confirms that the products are starting to catch on.

Read the full article at The Wall Street Journal.