http://blog.allstate.com/take-the-right-steps-on-the-path-to-retirement/?utm_source=rss&utm_medium=rss&utm_campaign=take-the-right-steps-on-the-path-to-retirement Expert tips and fun facts on protecting your car, home, motorcycle or RV from Allstate Auto Insurance Fri, 17 May 2013 22:20:18 +0000 hourly 1 http://wordpress.org/?v=3.5.1 http://blog.allstate.com/take-the-right-steps-on-the-path-to-retirement/#comment-3504 Sara Sun, 26 Aug 2012 08:35:22 +0000 http://community.allstate.com/community/allstate_blog/blog/2012/01/18/take-the-right-steps-on-the-path-to-retirement#comment-3504 Annuities as a whole are not bad. However annuitizing an anunity is absolutely nuts. Some annuities now have what are called living benefits. These allow you to draw money and yet still have a death benefit for your heirs. After the market fall in 2000-2001 their were annuities out there that may only have a contract value of 75,000 and yet a death benefit of 500,000. These new living benefit annuities were put into place to protect against this happening. More details upon request.

]]>