Annuities – Good or Bad? I really need to know
My husband has a pension coming to him. I don’t. I have some 403b/IRA money in place, but I’m concerned that I will outlive it. So I have spent some time studying annuities, talking to people about a variable annuity that I “can’t outlive.”
I get two kinds of advice:
A. They’re great. You should put all your money in one. This, of course, if from the “financial advisor” who sells annuities.
B. They’re awful. No sane person would touch them. This is a lot of people, including MarketWatch commentator Paul Farrell, who recently bashed annuities. If you read his article, you would …read more
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