The Behavioral Benefits of Annuities
About This Episode
Last year, 2022, saw record annuity sales across several categories. Now, nearly halfway through 2023, many of the same macro-economic factors that drove sales last year are still present. While it’s too soon to say what 2023 annuity sales will look like, our guest today will share why annuities can be a valuable addition to a retirement strategy, regardless of market and economic conditions.
About Our Guest
Todd Taylor is the head of retail annuities at New York Life and the author of several pieces of research on retiree behavior. Today he joins us to discuss the often-overlooked behavioral benefits of annuities.
Here are some links for more information on New York Life’s annuities:
- New York Life annuities
- LinkedIn page for New York Life annuities
- The Decumulation Paradox
- Understanding the True Cost of Health Care in Retirement
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