Talk of The Villages Florida - View Single Post - Advice pls
Thread: Advice pls
View Single Post
 
Old 12-20-2020, 07:53 AM
retiredguy123 retiredguy123 is offline
Sage
Join Date: Feb 2016
Posts: 17,408
Thanks: 3,042
Thanked 16,590 Times in 6,551 Posts
Default
Quote:
Originally Posted by Marlene36 View Post
We recommend Liz at TB Financial - attend one of her free Annuity 101 "classes" at local restaurant if you don't know about the newer types of annuities available. She would also meet with you personally to make custom recommendations for you. We have been so impressed with their work for us and have met many of their other clients at their pre-COVID socials. They offer a unique r personal touch. TB Financial, Fruitland Park off 441, 352-350-1161 Tell them the Ackerman's recommended them.
An annuity is always a great investment for the person who sells it to you. They make a huge commission, sometimes as much as 10 percent. But, it is almost always a bad investment for the investor. It is never a good idea to purchase an annuity with tax deferred retirement assets because these assets are already protected from current taxes. My opinion.