Talk of The Villages Florida - View Single Post - Guaranteed Lifetime Income Annuity II- Help
Thread: Guaranteed Lifetime Income Annuity II- Help
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Old 11-03-2023, 07:46 AM
retiredguy123 retiredguy123 is offline
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Originally Posted by ShaSha View Post
Run! I did this…
Backed out after 3 years. Had to have an attorney. Your advisor makes the $$$. Ours was brought up on charges for selling and misrepresenting the actual facts. Why tie up your money? It is NOT a liquid investment. Liquidity is always better as you age.
I agree with staying liquid with your money. Annuity salespeople misrepresent the facts and they won't allow you to read the contract. Verbal promises are worthless, but a lot of people will buy an annuity based on them.