Be Very Wary of Equity Indexed Annuities
By
Dale Maley
$2.99
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Not yet rated.
Published: March 17, 2011
Words: 9300 (approximate)
Language:
English
Short description
78 million Baby Boomers start to turn age 65 in 2011. Many of these Boomers will be seeking investments that have low risk and high returns. Equity indexed annuities are promoted as low risk investments with high returns. This short story explores the complexities and hidden costs of equity indexed annuities.
78 million Baby Boomers start to turn age 65 in 2011. Many of these Boomers will be seeking investments that have low risk and high returns. Equity indexed annuities are promoted as low risk investments with high returns. This short story explores the complexities and hidden costs of equity indexed annuities.
Tags
insurance,
annuities,
retirement,
immediate annuities,
eia,
fixed annuities
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