In this week’s broadcast:
Fake News: now it’s touched retirement planning. People who know better are telling everyone that annuities are expensive, have high commissions and lock up your money forever. They say keep your stocks, bonds, and mutual funds. Write us for the facts. It would be a shame to miss out on a good investment because of fake news.
Key Questions: Annuities are not just about income, they can also be a fine way to save and invest, especially for your retirement because you will never lose money even if the market corrects. Look at how they compare to old fashioned securities products.
|Can I lose money?||No||Yes||Yes|
|Can I get a guarantee?||Yes||No||No|
|Will I have to pay high costs?||No||Yes||Sometimes|
|Will I pay high commissions?||No||Yes||Sometimes|
|Can I grow my money?||Yes||Yes||No|
|Can I get my money if I need it?||Yes||Yes||Yes|