Quote:
Originally Posted by Michael G.
Run like hell.
They are a money maker for Insurance company's
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And of course the guy who sells them.
We have been to several retirement dinners where they pitch annuities. They show a 20 year period where the market only went up 3-4% and see you can do better with our super duper annuities.
They never seem to like it when I ask them to start the 20 years a few years later. Wonder why?