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06-25-2022, 06:32 AM
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Senior Member
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Join Date: Dec 2020
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Quote:
Originally Posted by bern916
You are wrong. Not ALL annuities are bad. We have a 4% 5-year FIXED annuity. We paid ZERO fees. No market exposure. Avoids probate. Grows tax deferred unless I choose to take the interest annually (or monthly).
Should all of someone's money be in fixed annuities, of course not. But it's a conservative option that can serve a purpose in anyone's retirement portfolio.
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Excellent point
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