- Annuity products have become 50% more lucrative in growth and income possibilities compared to two years ago.
- Interest rates impact varies; poor for mortgages but favorable for long-term annuities.
- Despite predictions of rising rates, they remained stable through 2023.
- Focus on making the best retirement decisions based on current rates rather than speculative future rates.
- Inflation and fuel prices have decreased, impacting consumer costs less than in previous years.
- Fixed annuities could have been a better investment than bond funds, offering growth instead of loss over recent years.
- Interest rates are expected to remain stable ("sticky") in the short term according to financial experts.
- Annuities offer a secure option for retirement, providing guaranteed returns independent of market fluctuations.
