What’s Wrong with Annuities?

By Cathy DeWitt Dunn

Let’s just get it out in the open. Annuities have a reputation for being the bad boys of the investment world. And, not in a good, Marlon Brando kind of way. For many, the word “annuity” conjures up visions of evil insurance agents lurking around every corner ready to pounce on little old ladies and their pension funds.

It’s really a shame that annuities have such a bad rap because not all annuities are created equal. And, given the recent market volatility that has done a number on many people’s retirement savings, fixed index annuities deserve a good hard look.

Many of today’s Fixed Index Annuities––not to be confused with old school fixed annuities or variable annuities––offer 100% principal protection, tax deferral, and the ability to lock in gains based on the positive performance of the stock market.

Doesn’t sound so awful, does it?

Annuity Myths Versus Realities

What’s wrong with annuities? The biggest problem with annuities is that popular and pervasive myths have clouded the truth. In reality, the right annuity may be one of the strongest options available that generates guaranteed retirement income––income you can’t outlive. In fact, a recent Government Accountability Office (GAO) report specifically called for considering an income-generating annuity as part of an investor’s overall retirement plan.

We urge you to download our FREE white paper, Annuity Myths versus Realities, to help clear the air about how annuities really work. With this knowledge in hand, we know you’ll feel more confident making decisions regarding putting a solid retirement income strategy in place.

Remember…with Annuity Watch USA, you can dream big, rest easy and be assured your money will last throughout your lifetime. We’re looking forward to helping you meet your retirement income objectives. If you have any questions, feel free to give us a call at +1 (972) 473-4700.
Annuity product guarantees rely on the financial strength and claims-paying ability of the issuing insurer.

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Cathy DeWitt Dunn of DeWitt & Dunn, LLC, is the driving force behind Annuity Watch USA. With decades of experience in the financial services industry, Cathy has dedicated her practice to educating clients on how to take maximum advantage of financial solutions that are not available in traditional brokerage houses. Cathy is proud to be on the forefront of innovative financial solutions for the individual investor.

Annuity product guarantees rely on the financial strength and claims-paying ability of the issuing insurer. This material has been prepared for informational and educational purposes only. It is not intended to provide, and should not be relied upon for, accounting, legal, tax or investment advice. Please consult with a professional specializing in these areas regarding the applicability of this information to your situation.