Originally Posted by 2B
Where are the hordes of annuity trolls attacking you? What's happened to this forum?
It depends. What do you classifiy as an "annuity troll"?
Disclaimer: DW/me have an SPIA
IMHO, as long as one can understand that an insurance product (any kind, including different types of annuity products) are not investment vehicles, but rather income insurance vehicles
, there may be a reason to go with an annuity.
In DW/my case? While we did investigate VA's, we found they did not fit our need at the time, while the SPIA did (to provide "pension like income in ER, along with allowing us to delay our respective SS claims).
Not every "product" is bad, IMHO. Rather you need to match the product to the need. In that case, there is no standard answer for everyone, nor can anybody speak about a specific insurance/annuity product to meet such unknown need.