Retirement Planning May Drive the Decision to Buy Annuities, But
Estate Planning and Inheritances Dr
FOR IMMEDIATE RELEASE
J.G. Wentworth Analysis:
Retirement Planning May Drive the Decision to Buy Annuities, But
Estate Planning and Inheritances Drive Many to Sell
The annuity's inherent illiquidity complicates financial
planning
Bryn Mawr, PA, February 21, 2006 - Estate planning and the need
to deal with inherited assets are among the top five reasons
consumers sell their annuities, according to customer data
compiled by J.G. Wentworth, a leader in the secondary
market for annuities.
"It's ironic that a tool many people use to prepare for
retirement can often complicate their estate planning and wealth
transfer needs," said Michael B. Vaughan, managing director of
the J.G. Wentworth Annuity Purchase Program