*****SN: People who purchase annuities are only “investors” when purchasing variable types of annuities. *****

Weird statement- “You can legally opt-in to these [lifetime income] payments any time after your surrender period is up.”

If you want to get technical, you can LEGALLY opt-in to your lifetime income payments on an annuity, even before the surrender period expires. 😀

And I learned something new from this article. Charles Schwab has an “Income Annuity Estimator.” Read the article for a link to it.

Not a fan of the fact that the article appears to make sweeping statements about annuities, as if all annuities are variable annuities.

They give a rundown of types of annuities, but fail to cover structured annuities/RILAs. I mean, these products ARE over a decade old, so they should have gotten the memo.

An indexed annuity is not “invested in” the market.

I was surprised to see that the advisor quoted in this article suggested that, “two-thirds of your money in a guaranteed account of some kind, like an annuity.” Is it common for financial advisors to suggest a flat percentage of your assets be allocated to an annuity?

Overall, encouraged to have an article that communicates the merits of annuities…

YAY to my girl Elle Switzer at TruStage (formerly CUNA Mutual) for getting quoted! -sjm