To the issue of annuities folks. Try not to be so gullible. 80% of the people who buy them will never live long enough to get back anything other than THEIR OWN MONEY.You have to really understand the product, and the vast majority of people do not. Ditto for the the folks selling them.
Dennis is posting his views on a myriad of topics, which any person with a modicum of common sense will find enlightening. He NEVER said what he's doing, or did, is for everyone.His rationale is very logical.So I'm hard pressed to understand the myopic response from reader Ellen. Reprehensible!
Comments
To the issue of annuities folks. Try not to be so gullible. 80% of the people who buy them will never live long enough to get back anything other than THEIR OWN MONEY.You have to really understand the product, and the vast majority of people do not. Ditto for the the folks selling them.
Post: My Retirement Plan
Link to comment from March 21, 2021
Dennis is posting his views on a myriad of topics, which any person with a modicum of common sense will find enlightening. He NEVER said what he's doing, or did, is for everyone.His rationale is very logical.So I'm hard pressed to understand the myopic response from reader Ellen. Reprehensible!
Post: My Retirement Plan
Link to comment from March 21, 2021