Archives for annuities

Understanding dementia insurance and why it’s a good choice for retirees

The Wall Street Journal’s Encore blog serves as a wonderful tool for anyone heading into retirement or already there. In a recent post, editors discussed annuities as a way to help minimize poor financial decisions associated with dementia. The editors referred to this financial safety net as a type of “dementia insurance,” put in place to protect assets and allocate the funds throughout the 20 or 30 years of retirement. The challenges lie in the management of 401(k) during the working career and after. “Most 401(k) plan analysts agree that these plans have not worked as well as one might
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