Again that gets back to niche markets.
Posted on: December 14, 2022 at 18:24:44 CT
JeffB
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Someone about to retire might prefer a fixed index annuity which can't go below what he put in but can get upside from the market.
Others wouldn't want to put all of their money in the stock market in their later years, but would prefer a guaranteed income for life regardless of what the stock market or interest rates do.