[Andyb]

Originally Posted by WiseSpender

There are so many agents here selling all types of annuities here in The Villages. Usually that means something. If you see a lot of something being peddled for a very long time in a certain locale, it means that the item being peddled is being successfully sold in significant quantities to the locals . Up north, annuities are rarely mentioned anywhere , but down here in our community, it seems to be as natural a phenomenon as golf carts . I was wondering if any of you can impart any of your own experience with any annuity you purchased while down here (and who you purchased from), and how it has performed for you (if you could also provide numbers, rather than saying, "It has done well for me" or "It was a big mistake", that would be more useful).

With interest rates up and stocks and bonds losing money, the “right” annuity is a good option. Make sure it has low fees and bought through a replicable discount firm.