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OT: Annuities Yes Or No?

BennyZ

Diamond Knight
Gold Member
Oct 11, 2003
10,640
18,865
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OK all you financial wizards.
1/2 the world tells me annuities are a horrible investment, have too much overhead, not enough payout, and you are giving up all your equity.
1/2 the world tells me annuities give a guaranteed income without having to worry about anything, why wouldn't you want that?

Who's right? Should I or should I not buy annuities and why?

You should be thrilled to have a thread that is not about Tmo. LOL
 
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