Never buy an annuity. The market averages 8% per year over the long run. I would never buy cds either. You can get into a money market fund now and get over 5%, I have for over a year. If you take 4 or 5% out each year to live on, you are preserving your base, you are just living off the interest. Then when big changes occur next year and the economy starts to get better in the next 2 years, then you can move your money into any of the many indexed funds that will get you 10% or more. Just this year alone, I’m in 2 indexed funds that have gone up over 25%, and this is in a bad year. The only people making money with annuities are the people selling them, just like the people you hire to control your investments. Learn how to control your finances/investments yourself, you will be much better off and much richer
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