Dr. Panis Interviewed on KNX 1070 Newsradio, Los Angeles
Many consumers recognize the protection that private annuities can provide against investment risks and the risks of outliving one’s resources. However, choosing an appropriate annuity product can be difficult because of the many flavors and features offered by life insurance companies. Bob McCormick of KNX 1070 Newsradio in Los Angeles interviewed AACG economist Dr. Stan Panis to help educate his listeners. In three broadcast episodes, Dr. Panis explained the basic features of private annuities and clarified some typical consumer misunderstandings.