In my last article on annuities, I discussed the different types of annuities and their use inside retirement accounts. As you could probably tell, I’m not a huge fan of variable or indexed annuities, especially when used for retirement saving and investing inside an IRA. My biggest concerns have to do with their complexity and high costs relative…
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Annuities and Retirement Stewardship – Part 1
As a financial coach, I often work with folks who are in the accumulation/growth phase of planning for retirement (i.e., 5 to 10 years or more away). Sometimes I come across someone who has either: 1) received a recommendation from their stock broker or insurance salesperson to purchase a fixed-rate, indexed, or variable annuity product…
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