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Re: Pre-Retirment Investing Strategy
Old 10-03-2003, 05:00 AM   #21
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Re: Pre-Retirment Investing Strategy

The financial strength/rating of the company producing the annuity is also of some importance.

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Re: Pre-Retirment Investing Strategy
Old 10-03-2003, 08:50 AM   #22
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Re: Pre-Retirment Investing Strategy

"You really need to be something of a financial genius to intelligently compare two such products, unfortunately, so it is difficult to know whether you are getting a good deal."

If the deal is overly complex, and there are large fees involved, then I think it is NOT difficult to know whether you are getting a good deal.

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Re: Pre-Retirment Investing Strategy
Old 10-05-2003, 09:18 AM   #23
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Re: Pre-Retirment Investing Strategy

From all that I've read or heard from people I respect, I'd have to say anuities do not belong in IRAs generally. I'm sure there are exceptions, but I've never heard/read what they might be. Anuities benefit the salespeople/ Insurance companies as much or more than investors.

My educated (?) opinion but then I'm not legally qualified to make recomendations nor do I play someone on TV that is.


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