I would never buy an annuity. The advisor is recommending it because they want to make a commission on your money that will be about 10 percent of the cost. So, if you invest $360,000 in the annuity, the advisor will make about $36,000. I very nice pay day. Don't do it without doing a lot of research on annuities. They are almost never a good investment.
On a $200,000 long term capital gain, the tax should only be about $30,000, which is 15 percent, unless there are other circumstances.
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