What Are the ‘Worst’ Annuities?
August 28, 2023 by John Stevenson
Having a philosophy for knowing the difference between the best and worst annuities is crucial if you’re helping retirees plan for retirement.
Products on the market come with unique features.
Some are better than others or make more sense for different financial situations.
Here’s my position: For my own retirement income planning clients, an annuity must guarantee 100% safety of principle and, ideally, provide some income guarantees.