The biggest issue with all annuities is your last in line. You hand over a bunch of money, then the agent gets their commission for selling it, then the insurance company gets its piece of the action which is profit and back office costs, then they put what is left over to work for you. That takes a long time to recover all those expenses before you have a positive position. There are many other better ways to invest your money. Find a good for fee money manger and have them go to work for you.
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Life is to short to drink cheap wine.
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