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Tag Archive: why i should never buy an annuity

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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