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re: Recent Investing Trends(Past 5 years)

Posted on 4/22/13 at 12:54 pm to
Posted by Blakely Bimbo
Member since Dec 2010
1183 posts
Posted on 4/22/13 at 12:54 pm to
quote:

another trend is on annuities, a lot of the "big players" are getting creamed right now because they over extended during the good times of 06 and 07. they have too many locked in payements right now and are struggling to compete with the guys who didn't go crazy (nationwide for example)


And the marketing of annuities by "financial advisers" to unsophisticated investors via free dinners at restaurants. I know boomers who have liquidated their equity accounts and piled into
annuity products.
Posted by matthew25
Member since Jun 2012
9425 posts
Posted on 4/22/13 at 10:52 pm to
Where can I find the "return" on an annuity.

Say I'm 55 and pay $250k. What is my annual annuity at age 65?
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