Thursday, September 29th, 2011 and is filed under Saving for Retirement
Let’s just get it out in the open. Annuities have a reputation for being the bad boys of the investment world. And, not in a good, Marlon Brando kind of way. For many, the word “annuity” conjures up visions of evil insurance agents lurking around every corner ready to pounce on little old ladies and their pension funds.
It’s really a shame that annuities have such a bad rap because not all annuities are created equal. And, given the recent market volatility that has done a number on many people’s retirement savings, fixed index annuities (FIA) deserve a good hard look. Read More