We often hear annuities being categorized as “guaranteed income” or “foolproof” retirement strategies. The fact is, annuities are not as simple or safe as they appear. They might look as though they are a safe investment strategy, but annuities often come with sizeable costs, hard-to-decipher restrictions and other possible pitfalls that undermine their benefits. And when compared to the historical returns of other investment options, annuities pose a real risk to a secure retirement.
Our Understanding Annuities guide explores:
- The Complexities of Annuity Investing
- Costs and Fees Associated with Annuities
- Better Alternatives for your Retirement