Why You Should NOT Put ALL Your Money In Annuities
You have heard the old saying “Don’t put all of your eggs into one basket” before right? Well the saying holds very true for annuities as well. No matter how safe an annuity is perceived to be, and no matter how much contractually guaranteed income that the annuity can spin off for you, there is no reason that anyone should put all (or even almost all) of their money into annuities.
This video goes over the history of annuity suitability and also discusses who can be a fit (and who isn’t a fit) for an annuity.
You will also get to see an example of an annuity suitability form along with the reasons why it never makes sense to have all of your money in annuities.
To learn more from this annuity professional, click here (Rob Brinkman).
P.S. – Please share this article with others by simply clicking on the blue social media icons at the top of your screen!
Annuity123 does not offer insurance, investment, or tax advice. You should always seek the guidance of qualified and licensed professionals concerning your personal insurance, investment, or tax matters. Annuity123 is simply a platform allowing retirement planning professionals to help educate the community on various retirement planning topics. Annuity123 does not directly support or take responsibility for ensuring the accuracy of the content displayed in the articles themselves or any feedback that may get added in the Comments section from the community.