Quote:
Originally Posted by batman911
Do yourself a favor and run the other way. Can you spell S C A M?
|
I have to diaagree. I opened a Nationwide annuity 5 years ago that pays 10%. If the market (based on the mix of investments) increases over 10% for a particular year, I get the increase.
Tha catches are that I have to wait 10 years to start getting my full distribution % (I'll be 68) and I can only get 10% a year.
But that's a ggod deal for me since I have other investments for my retirement.
These are not for everyone.