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Old 08-23-2011, 05:58 PM
 
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State Insurance regulations restrict how insurance companies invest money within their general accounts. Something like a variable annuity is an individual investment vehicle.

As for what financial planners suggest I can't comment because everyone has different wants and needs but some people want to be sure they will have a guaranteed amount no matter what the market does for life. Most today who have pension income do feel very secure knowing they have that guaranteed income.
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Old 08-23-2011, 06:58 PM
 
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correct but what the insurance companies can invest in is still the same as it has been. the fact that baby boomers may go into variable annuities looking for guarantees still has them in equities as they have always been. so nothing changes there is the point.
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Old 08-24-2011, 08:20 AM
 
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True but many people are looking at Fixed and Fixed Indexed Annuities for the guarantee of Principle. They are basically looking at designing a personal pension. As mentioned there's a difference how insurance companies can invest from the general account and the separate accounts. Yes companies will still invest but boomers worry about running out of money so that's a potential big ***** of money that can't be put at risk.. For many people today there's no such thing as a pension.
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