The Misleading “Guaranteed Rate of Return” on an Annuity

“Can you guarantee an 8% rate of return like the annuity salesman?”  I have had a variation of this question a hundred times in my planning career. The minute I get the question my blood starts to boil, hairs raise…

5 Questions You Must Ask Before Buying An Annuity

Buying an annuity is not that different from buying a home. Let’s break it down: Both involve pretty high fees (6% realtor commissions don’t pay themselves)Both involve long time commitments as annuities have high surrender fees, and most homes aren’t…