Quote:
Originally Posted by Mazjaz
My wife just retired and won’t take Social Security for 5 years. I am considering replacing her income with a Fixed Indexed Annuity with West Financial Group. Has anyone used them or have a fixed indexed annuity they would recommend for immediate income? I am 66.
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Also index annuities are not the right vehicle for immediate income because you are going straight from the principal your first year, because index credit interest after your first year anniversary.
You can private message me and I will go over any questions you have.