Quote:
Originally Posted by indianavette
What is the current thought regarding annuitizing a variable annuity? I can get 5% income for life but would I be able to do better than that over the period of investments?
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Income, or income plus return of principal? I can get 5% income with the same risk as hoping an insurance company will not default and keep all of my principal. So, to answer your question, I don't think it's a good idea.