Is an Equity index annuity a good investment for retirement? - best equity indexed annuities
Depends. In general, people buy annuities for the peace of mind that does not run out of money if you will live too long to buy.
Equity Index Annuity is an annuity whose present value and death, depending on a particular asset.
By investing in, you want long term. Also read all the fine prints in detail.
So, ask your agent to premiums for term life, whole life and universal life insurance quote for you so that you know what you have to pay.
Friday, January 22, 2010
Best Equity Indexed Annuities Is An Equity Index Annuity A Good Investment For Retirement?
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My general impression is no. My impression is that they are many hidden fees that can enrich your agent and not you. See this article. (You may need to enter an e-mail from unauthorized access to the article)
ReplyDeleteIt's a bit too risky for retirement ... May I suggest Royal or government bond investments
ReplyDeleteIt's a bit too risky for retirement ... May I suggest Royal or government bond investments
ReplyDeleteIt's a bit too risky for retirement ... May I suggest Royal or government bond investments
ReplyDeleteIt's a bit too risky for retirement ... May I suggest Royal or government bond investments
ReplyDelete