In this YouTube video, Robert Brokamp, CFP, senior advisor at Rule Your Retirement, says that he is not against annuities. In response to a question from a 70-year-old widow, he says that a plain income annuity would be appropriate for someone concerned about outliving their money, wary of stock market fluctuations and who doesn't want to closely manage their money anymore. He was less enthusiastic about investment and hybrid annuities.
NOT FOR REPRINT
Ask a Fool: What do you think of annuities?
By
Staff Writer
October 04, 2012 at 05:58 AM
Share & Print
NOT FOR REPRINT
© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.
