Most Shared  LOCAL 12 - Search Results   Howard Ain,
Troubleshooter: Confusion Over Investment  CINCINNATI (Howard
Ain) -- Many baby boomers are looking for a steady source of
income during their retirement years.    Some turn to annuities,
but you have to check everything carefully before you sign up. 
Annuities can provide a steady stream of payments.  But there
are a wide variety of things you need to consider.  That's what
Ron Reeves of Ross says hes learned.  "According to the
contract, I invested 65 thousand dollars and its 7 percent
interest and they gave me a bonus of 5,200 dollars to invest."
Reeves was given a calculator which said his annual income from
the annuity would be over 4,500 dollars a year.  "And I said OK
that sounds good, like 7 percent would give me a nice interest
income for retirement."  So Reeves says he was shocked when his
first dividend was more than a thousand dollars less.  The
problem?  His wife, Geraldine, was added as a joint owner.  "It
calculated the dividends on my wife'