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Tag Archive: top reasons to not buy an annuity

Top 3 Reasons Not to Buy an Annuity

Anton Hendler

We spend so much time dwelling on why you should buy an annuity that we never go over some reasons not to do so. Also there are some myths out there regarding annuities that we hope to dispel. First, let us make the point that not all annuities are the same. We work primarily with Fixed Index Annuities which have little to nothing in common with, say, a variable annuity. For the purposes of this article for annuities read Fixed Index Annuities (FIA). 1) Your...

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I’ll Never Buy an Annuity!

John P. Grimes

If I had a dollar for everyone who told me that, I’d be writing this on the beach in Jamaica instead of in my office looking out at the foot of freshly fallen snow. We all know the reasons why consumers don’t buy annuities; you have to give up control of your money, if you die before you spend it the insurance company keeps your money, there are too many hidden fees, the brokers who sell them can’t be trusted and on and on. Fortunately,...

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