SCOTTSDALE, Ariz., Feb. 4, 2013 /PRNewswire/ -- With 50,000 Baby Boomers celebrating their 60 th to 65 th birthdays every day, the generation who changed the world is poised to direct the future of retirement investment strategies. In fact, the impact of their demands, enforced by their investment choices, is already being felt. Having kept close tabs on investment trends, Steve Jurich (pronounced "Jur-itch") has seen the evolution first-hand: "Right now, 9.43 trillion dollars are sitting in cash vehicles as people are moving away from the stock market. The demand for that risk, for the potential upside in the stock market, has shifted sideways. The smart investor is asking where they can go to ensure a stable retirement income. That's now an area of demand." The new Hybrid Index Annuities are the result of that demand. Jurich is a Retirement Coach and President of IQ Wealth Management in Scottsdale, AZ. He is also a leading expert on Hybrid Index Annuities, as well as a licensed life and annuity agent authorized in multiple states, a Registered Investment Advisor, the Editor-in-Chief of MyAnnuityGuy.com, and host of the Journey to Wealth show on Money Radio. In fact, he's a little like the Hybrid Annuities he favors – a blend of effective virtues. He says that while retirees are in need of the pension-like income that fixed annuities provide, they're rightly wary of the hard sell, hidden fees, penalties and surrender charges common to traditional annuities. In short, retirees' refusal to settle for a less than an ideal solution to keeping their money secure has created a demand for an annuity that has all the benefits and none of the risks and fees. What makes Hybrid Index Annuities a different breed is "a blend of the potential for the upside of the market with the ability to have an insured income, but with the protection of principal value," says Jurich. They combine the best of what other annuities offer. "You don't have to worry about losing money, and there are still competitive rates of payout," he promises.