LXEX55
Recycles dryer sheets
I know that many people (except those selling them) are opposed to annuities. In this instance, I am talking about a simple fixed immediate annuity. The standard response I hear is “you can achieve anything that an annuity can with other investment vehicles at lower fees and more flexibility.” And, I get it. Is there anyone out there that purchased a fixed immediate annuity in retirement and is quite happy that they did? If you are, may I ask the reason why you are glad you bought it? As I am sure you gathered, my wife and I are considering one and are looking for positive feedback.