Why Tontines Should Be a Piece of the Retirement Solution
Written by Jasmin Sethi for SCA client, Morningstar.
Retirees are often faced with the fear of outliving their assets. This fear, also known as longevity risk, has been eased by the availability of annuities, specifically annuities that I’ve termed in my paper as guaranteed income products, or GIPs, that offer fixed payments until death.