More investors hedging bets on a longer life

Living in good health to a ripe old age is the retirement dream, but it quickly turns to a nightmare if there isn't enough money to pay for it.

With nest eggs battered and life expectancies marching forward, it's little wonder sales of investments aimed at hedging against longer lives are surging.

Sales of deferred fixed annuities grew by nearly 60 percent last year, for example, according to Limra International, an insurance industry association...

Chicago Tribune: More investors hedging bets on a longer life