Annuities: an even-handed look at the pros and cons Annuities, LIKE ALL FINANCIAL CONTRACTS, have pros and cons.
The challenge is that you are rarely presented both sides, without extreme bias.
Key Takeaways:
a. Annuities CAN (depending on the person) fill a vital function.
b. Annuities have limitations that you need to keep in mind.
c. If they are for you, then you need to find the PROPER ALLOCATION for yourself.
d. The noise (annuities are great! annuities are trash!) is incredible (the lady doth protest too much, methinks). Don't be distracted, keep points a-c in mind.
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