annuitization

In retirement, many variable-annuity owners either draw out their money or swap it for a lifetime stream of income (so-called annuitization).

How Well Do You Know... Annuities? 2008

A "guaranteed minimum income benefit" often requires "annuitization" for the buyer to receive payments.

Added Value -- and Anxiety -- 2009

Insurers may also be underestimating future annuitization rates.

A West-Side Warning For Prudential Hester Plumridge 2011

On the investment side, you have forced annuitization of $X, which is either higher or lower than an individual's "optimal" amount.

Inappropriate Annuities, Arnold Kling | EconLog | Library of Economics and Liberty 2009

Finally, we usually recommend that investors who want to annuitize part of their assets consider doing so at a later stage in their life rather than at their retirement, since the stream of income offered by annuitization increases with age.

Variable Annuities Don't Belong In Retirement Plans 2010

While there's little doubt that having an income stream that retirees can't outlive is a noble goal, having the government make annuitization of their entire retirement savings mandatory for all retirees is overreaching the government's role in individual's lives in my opinion, and in the opinion of many others.

Variable Annuities Don't Belong In Retirement Plans 2010

This is a question not only of benefit adequacy, though it is that, but also the untapped power and potential of annuitization.

Janice Nittoli: Back to Basics on Social Security Janice Nittoli 2010

While there's little doubt that having an income stream that retirees can't outlive is a noble goal, having the government make annuitization of their entire retirement savings mandatory for all retirees is overreaching the government's role in individual's lives in my opinion, and in the opinion of many others.

Variable Annuities Don't Belong In Retirement Plans 2010

This principal of annuitization, a kind of Savings for Dummies, is one of the untapped potentials of the Social Security apparatus.

Janice Nittoli: Back to Basics on Social Security Janice Nittoli 2010

And in a not-too-subtle warning to the Obama Administration, which has been exploring 401 (k) reforms that include annuitization, the survey reports that 97 percent of participants support the idea that "Retirees should be able to make their own decisions about how to manage their own retirement assets and income."

Eric Schurenberg: Survey Lies. The 401(k) Still Needs Fixing 2010