“Now YOU can learn about retirement planning in plain English. Planning for retirement can be confusing. I cut through all the industry jargon so YOU can learn how to achieve your retirement goals.”
You may have gone to a seminar dinner where you were given an annuity sales pitch. And the sales pitch made annuities sound like the best thing in the world, and that everyone needs to buy one.
But the reality is, an annuity is not right for everybody. For some people they are very good products designed to help them plan for their retirement. For other people there’s just not a need for that based on the person’s circumstances.
And what happens a lot of times is that people buy an annuity when they don’t really need one. And they may buy one for the oddest of reasons. Unfortunately sometimes these reasons can be because a certain type of advertising or marketing led them to believe something that wasn’t true.
So here are five reasons not to invest in an annuity. And after these we’ll get to the five reasons why you may want to invest in an annuity.Continue Reading