I have always thought that annuities were not anymore beneficial than a CD ladder or bond ladder. Yes it’s guaranteed return is comforting but it doesn’t factor in emergency costs of living or medical expenses. And you are faced with penalties to retrieve your own money if needed.
I read this column for its ability to keep thoughts on financial topics simple and personal; reflections on personal experiences not political views. We can read or watch or listen to political views 24/7 on multiple sites.Let’s keep this forum for the views that we all have come to enjoy reading, knowing that we are not alone in our life journey.
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I have always thought that annuities were not anymore beneficial than a CD ladder or bond ladder. Yes it’s guaranteed return is comforting but it doesn’t factor in emergency costs of living or medical expenses. And you are faced with penalties to retrieve your own money if needed.
Post: RDQ Sorry folks, I still see annuities, including deferred annuities, as a viable option for creating steady retirement income.
Link to comment from April 24, 2025
I read this column for its ability to keep thoughts on financial topics simple and personal; reflections on personal experiences not political views. We can read or watch or listen to political views 24/7 on multiple sites.Let’s keep this forum for the views that we all have come to enjoy reading, knowing that we are not alone in our life journey.
Post: Let’s Be Adults
Link to comment from April 23, 2025