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The Truth About Buying Annuities
book

The Truth About Buying Annuities

by Steve Weisman
August 2008
Beginner content levelBeginner
208 pages
3h 51m
English
Pearson
Content preview from The Truth About Buying Annuities

Chapter 8. Actively managing variable annuity sub-accounts

 

“Retirement is like a long vacation in Las Vegas. The goal is to enjoy it to the fullest, but not so fully that you run out of money.”

 
 --Jonathan Clements

Although annuities are anything but simple, many people buy them because they see them as a simple way of investing in a tax-deferred investment. Variable annuities with their various mutual fund-like sub-accounts permit investors to save for a long-term goal such as retirement in a tax-deferred vehicle that combines the advantages of tax deferral with the advantages of long-term investing in the stock and bond markets.

The return on your investment in a variable annuity is directly tied to the performance of the sub-accounts that make ...

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Publisher Resources

ISBN: 9780131359512Purchase book