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Personal Finance and Investing

steve2470

(37,468 posts) Wed Sep 11, 2013, 04:49 PM Sep 2013

question about annuities [View all]

YES, I know, I need to talk to my financial guy.

Which is part of the problem.

He (the financial guy) seems very very biased against annuities. I get it, there is NO flexibility. Once you sign on the
dotted line, your cash is gone to XYZ Insurance Company.

I am NOT seeking the final answer here, only more info. I know I have options. However, annuities look damn good.

Thanks for your time.

Click here to purchase valentine hearts!

8 replies

= new reply since forum marked as read

Highlight:

question about annuities [View all] steve2470 Sep 2013 OP

It is my opinions that annuities can be a very good part of a person's investment portfolio. SheilaT Sep 2013 #1

It is my experience and opinion that they are PERFECT for some and horrible for others. A HERETIC I AM Sep 2013 #2

his initial proposal would not have accounted for inflation steve2470 Sep 2013 #3

May I suggest you go to several Insurance company annuity sites directly.... A HERETIC I AM Sep 2013 #4

ok thank you nt steve2470 Sep 2013 #5

What did you ever decide about annuities? Common Sense Party Jan 2014 #6

my advisor put me in one in addition to other investments steve2470 Jan 2014 #7

Cool. I missed your thread when you originally posted it. Common Sense Party Jan 2014 #8