Annuities benefit very few people except those selling them. If you have zero clue how to manage your money, are a compulsive gambler, can't control your spending, then maybe it would be a way to protect you from yourself.
As a good investment they are horrible. They lock up your money for a long time, the rate of return can and will change, they just overall are a bad way to invest. If you really believe it's your only option then only buy one directly from a reputable company that has no salesmen out pushing the product. Maybe from Vanguard or Fidelity but not from any salesmen. They will sell you the product that gives them the biggest commission regardless of the product quality.
And this particular company? Run very fast in the opposite direction. If they wont let you read the contract until you buy, then give you 20 days to cancel, that tips you off really quick about their product.
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Life is to short to drink cheap wine.
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