3 ms·
It sounds like you want an annuity. Your returns will likely be lower, with the issuer taking the risk (and getting the higher rewards), but you return is guar
by prirun 6y ago
It sounds like you want an annuity. Your returns will likely be lower, with the issuer taking the risk (and getting the higher rewards), but you return is guaranteed and the issuer's is not.
- acover 6y agoIf assets perform poorly then how will the annuity be funded?
- pram 6y agoThe issuer funds it. It’s like an insurance policy. They’re contractually obligated to meet the terms (if the benefit is defined)
- tonyedgecombe 6y agoPresumably if the market was bad enough there would be a point where the issuer couldn't meet the terms.
- jdhzzz 6y agoThen the business/economy probably has larger problems that will be addressed (successfully?) by the government.
- deleted 6y ago[deleted]