What Annuities Can Do For Retirees That Traditional Fixed Income Can’t

“Speaking during a recent press event in New York City, David Blanchett, managing director and head of retirement research at PGIM DC Solutions, did not shy away from an uncomfortable truth about this moment in the U.S. and global markets.

Pointing to a chart that shows substantial year-to-date losses in practically all asset classes across both equities and bonds, Blanchett said the markets are a “hot mess” right now, with little hope for an immediate recovery…”

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