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Re: Tax advantaged accounts / variable annuities
Old 08-04-2006, 11:56 AM   #21
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Re: Tax advantaged accounts / variable annuities

Originally Posted by brewer12345
Actually, most of the products I have seen hung with various guarantees end up at 300+BP annual expense ratio.* Not that intriguing...* :P
I'll agree with that. My retired clients face this dilemna every day. Who doesn't like pensions and SS? It's GUARANTEED streams of income. What about those who DON'T have pensions??

A pension is basically an annuity contract, most are backed by insurance companies or in the worst case scenaio, PBGIC.

We can agree that traditional "risk-free" investments have huge inflation risk in them. I worked at a bank for 3 years...........anyone that thinks CD's are the cat's meow need someone to show them the effects of inflation................

Consult with your own advisor or representative. My thoughts should not be construed as investment advice. Past performance is no guarantee of future results (love that one).......:)

This Thread is USELESS without pics.........:)
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