Thanks, Jonathan. I was wondering if you or one of your followers might be willing to expand a bit on why an equity-indexed annuity is a 'bad product'. A friend suggested I consider a RILA annuity, which sounds similar, for a small portion of my retirement portfolio. Admittedly it sounds to me like an appealing way to help try to balance out peril #3.
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Thanks, Jonathan. I was wondering if you or one of your followers might be willing to expand a bit on why an equity-indexed annuity is a 'bad product'. A friend suggested I consider a RILA annuity, which sounds similar, for a small portion of my retirement portfolio. Admittedly it sounds to me like an appealing way to help try to balance out peril #3.
Post: Pick Your Peril
Link to comment from December 8, 2024