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User_gary Posted 16 years ago
Vocabulary
Money pumped into, baby boomers, plugging their income, life insurance carriers
With retirement accounts declining, and 401Ks falling through the floor, the answer may be found in annuity life insurance policies. With money being pumped into secure investments, life insurance carriers are looking to annuity markets to catch the dollars of those baby boomers and avoid plugging their income or savings into retirement funds.
Protect your family and your investments with an annuity policy
This kind of market, annuity policy, provides the best option for insurance companies to make money, and that is why they are keeping rates low. Investing money in these policies at low rates allows the life insurance seeker to keep a savings and investment policy while still retaining the insurance over their life and death that is so essential to themselves and their family.
Source : http://annuity-life-insurance-policy.com/what-is-annuity-policy
Please explain to me the emboldened parts.
Though I guess "pumped into" means "invested into" and I know in general "baby boomers" means those people who born during baby boom period.
With retirement accounts declining, and 401Ks falling through the floor, the answer may be found in annuity life insurance policies. With money being pumped into secure investments, life insurance carriers are looking to annuity markets to catch the dollars of those baby boomers and avoid plugging their income or savings into retirement funds.
Protect your family and your investments with an annuity policy
This kind of market, annuity policy, provides the best option for insurance companies to make money, and that is why they are keeping rates low. Investing money in these policies at low rates allows the life insurance seeker to keep a savings and investment policy while still retaining the insurance over their life and death that is so essential to themselves and their family.
Source : http://annuity-life-insurance-policy.com/what-is-annuity-policy
Please explain to me the emboldened parts.
Though I guess "pumped into" means "invested into" and I know in general "baby boomers" means those people who born during baby boom period.
Top answer
That's a little bit hard to follow. To me, it's ambiguous and badly written, but to an expert in the field it might be clear. It's just not clear who's doing what to whom.
- That's a little bit hard to follow.
- To me, it's ambiguous and badly written, but to an expert in the field it might be clear.
- It's just not clear who's doing what to whom.
- ) The "baby boomers" are the US generation born right after World War II, and they're at the right age now to be making a few bucks and still have older children to worry about.
- But they're cautious about where to invest their money, because so many investments are in the tank right now.
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1 Answers
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That's a little bit hard to follow. To me, it's ambiguous and badly written, but to an expert in the field it might be clear. It's just not clear who's doing what to whom. (Good 'ol passive voice!)
The "baby boomers" are the US generation born right after World War II, and they're at the right age now to be making a few bucks and still have older children to worry about.
The "baby boomers" are the US generation born right after World War II, and they're at the right age now to be making a few bucks and still have older children to worry about.
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