Word: bondses
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Immediate annuities can provide substantially more current income than securities like government bonds. These days, a $100,000 joint-and-survivor-annuity premium generates about $7,300 in annual income, compared with $5,400 for a $100,000, 30-year U.S. Treasury bond. Note, however, that with a bond, you...
Both of these dangers, however, can be offset to a certain extent. Annuities can include survivor benefits, for example, and some annuities pay income pegged to inflation-indexed Treasury securities. In any case, experts advise retirees to put no more than one-third of their retirement money into annuities. The...
Rhodes says he isn't distracted by the home run derby on the other side of the Pacific, where San Francisco Giants slugger Barry Bonds is chasing Mark McGwire's single-season mark of 70, set three years ago. "I don't get too caught up in American baseball, because...
As for the quest for immortality, Rhodes just wants a fair shot. "Be aggressive," he advises opposing pitchers. "Try to get me out. But don't keep me from breaking the record a cheap way." For perspective, he adds: "Americans aren't going to stop pitching to Ichiro to keep...
If you were Junichiro Koizumi, about now you might be wishing you weren't so damned prophetic. During campaigning for parliamentary elections in July, the Japanese Prime Minister won over voters by giving them bad news, straight-up: the country's ailing economy would get a lot worse before it...