Personally, I would never buy an annuity of any kind, but that's just me. Paying fees to a salesman goes against my grain (and I don't pay mutual fund loads either). But, if you have lost money in the stock market in the past and holding stocks keeps you awake at night, you probably should consider a safe annuity, but if you can, do it with assistance from a fiduciary, not a sales person, and look carefully at costs and commissions.
|