If I weren't there starting tomorrow, what does my family need over the next five years, 10 years, 15 years, and look at your savings from that standpoint. That's the kind of inflation planning you need to incorporate. |
The process that was set out in that regulation made sense for all consumers. We should make this regulation a consumer protection regulation rather than a senior protection regulation. |
There are a lot of moving parts with annuities. |
What you're really looking at is some of the things like housekeeping services, somebody to cook the meals, somebody to do the laundry. There is a cost to replacing that. |