Dividend logo

One of the biggest problems facing investors these days is longevity. Thanks to advances in medicine, we’re living a lot longer than before, which is great news. But maybe not so great when it comes to our savings. With retirements possibly lasting 30 years or more, many investors – even those who planned well – may not have the resources to keep funding their lifestyles for that long.

While saving more and owning more stocks later in life are two ways to overcome the longevity problem, that plan does come with its own sets of cons. However, there is another potential winner to consider in the longevity fight: QLACs.

A QLAC may not be on your investing radar, but it could very well be a life saver for those investors with histories of retirement longevity.

To read the Full Story, Go Premium or Log In

Popular Articles

Premium Photodune 514786 stock market diagram xs 300x212
News

The Wrap for February 22: Toned Down Trade Boosts Market

Despite being a shortened week – thanks to the President’s Day holiday – there was plenty of...

Premium Slowing%20earnings%20growth
News

Earnings Aren’t as Good as We Hoped

Given all the volatility that’s hit the market over the last few quarters, the last thing...

Premium Data%20center
News

Technology Giant With Strong Cash Flows Maintains Position on Best Dividend Stocks List

The technology sector is known for its fast growth, disruption and game-changing abilities. The...