Quote:
Originally Posted by Stu from NYC
Some weeks ago we attended a dinner seminar they put on. They spent the entire hour pushing this.
They made claims that I found unbelievable and when I asked questions he never did answer me.
I would never buy an annuity. There is an old saying, annuities are sold and never purchased.
|
Agree and disagree
Not a fan of income annuities but simply Fixed or Fixed Index have a good place for you safe funds. I five year fixed annuity paying 5.05% guaranteed for the your safe funds make sense.
An Index Annuity with income riders is what a lot push here in TV and I agree those are bad but an Index Annuity with no rides can be a way to safely grow your funds without fees or risk to your principal.