Talk of The Villages Florida - View Single Post - Please tell of any experience you had with any ANNUITIES purchased in The Villages
Thread: Please tell of any experience you had with any ANNUITIES purchased in The Villages
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Old 03-24-2023, 06:40 AM
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npwalters npwalters is offline
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Quote:
Originally Posted by Packer Fan View Post
An annuity is not an investment, it is insurance. There is the mistake.
Actually, while most annuities are sold by insurance companies, a lifetime guaranteed annuity is the exact opposite of life insurance. In a lifetime annuity the company is betting you will die at or before an age calculated by the company.
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