Funds That Duel With Annuities: 'Retirement Income' funds are finding more buyers - but are they good for investors?

摘要

IT'S THE RETIREMENT DREAM for boomers: Turn all that money you diligently saved over the years into a steady income stream while you golf and bask by the pool. Traditionally, people turned to annuities, which saw a sales boom right after the crash, to help make this dream come true. But now mutual fund firms are counterpunching with their own breed of paycheck producer.