Truth 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.
But they are wrong. Their figures are fatally flawed and based upon erroneous assumptions. The truth is that you are better ...
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