The Long And Short Of It
Ben Mattlin of Financial Advisor includes Joe Heider, president of Cirrus Wealth Management, in an article about the value of longevity annuities and its impact on the market. “Although this opens up substantial sums of money to QLACs, I do not believe it will have a significant impact on the market. This type of annuity will remain a niche product for special situations,” he says.