Surprisingly, RIAs are exploring DIAs as a backstop to their asset allocation retirement models. Some advisors, unfamiliar with annuity products, are finally coming to terms with the inadequate and hypothetical 4 percent distribution rule, which may be more like 2.8 percent. Many DIAs with inflation riders can generate adequate income at a lower present value price than traditional asset allocation models.
Nationally recognized annuity expert Mike McGlothlin is interviewed in this video blog.
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Steve Savant is the host of the daily producer show, Let’s Get Down to Business, and the weekly consumer show, Steve Savant’s Money, the Name of the Game. Both shows are sponsored by Ash Brokerage. Steve is the #1 online author and videographer of insurance content. Steve has been cited on FO... More