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The Truth About Buying Annuities
book

The Truth About Buying Annuities

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

Chapter 27. Choosing between mutual funds and an annuity

 

“It’s not whether you win or lose, it’s how you play the game.”

 
 --Grantland Rice

It is not how you play the game that is important; it is whether you win or lose—at least when it comes to retirement investing. So, where will you score better: in a variable annuity or by owning mutual funds outside of an annuity?

Figures lie and liars figure. You will find plenty of people with complicated sets of figures to support their proposition that variable annuities are a better investment than owning mutual funds. These people generally are looking to sell you a variable annuity.

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