Texas Tech University

How to avoid outliving your money in retirement

USA Today

October 24, 2018

Many risks await you in retirement, but two you really need to address are longevity and inflation.

If you're already collecting Social Security and are still worried about the risks of longevity and inflation, you've got options. A pure life immediate or deferred income annuity is an ideal tool to mitigate longevity risk, says Michael Guillemette, an assistant professor in the personal financial planning department at Texas Tech University.

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