"Maximizing Retirement Income: The Role of Annuities in Financial Security"
TL;DR Summary
Annuities, an insurance product used for retirement funding, reached record sales of $385 billion last year, driving demand for corporate debt and commercial mortgage bonds. The products have become more attractive due to rising interest rates, leading to higher potential annual payouts.
Topics:business#annuities#commercial-mortgage-bonds#corporate-debt#finance#interest-rates#retirement-funding
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