Litigation

In  Friday's Denver Post online  P. Brett Hammond, managing director and chief investment strategist for TIAA-CREF Asset Management tackles the home mortgage meltdown and the effects on the stock markets and other credit markets.

In his conclusions he states:

"Individuals can look to their own portfolios to reaffirm or adopt a long-term investment plan that features broad diversification, low expenses and consistent rebalancing rather than trying to predict when various investments might go up or down. Individuals nearing retirement may consider investing a portion of their savings in a low-cost guaranteed annuity that can provide a floor of income they cannot outlive.These steps can help insulate individuals against continued gyrations in the markets".

For both tort victims and their attorneys, a structured annuity can provide foundational level of guaranteeed income that they cannot outlive.