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re: Opinions on fixed-index annuities...
Posted on 1/17/13 at 2:15 pm to Jake88
Posted on 1/17/13 at 2:15 pm to Jake88
quote:
But, if it's included as one facet of a portfolio that has a 401k and other IRA's, what's the downside?
that's the best way to think of it. everyone has a different risk tolerance, some people would like to have a percent of their portfolio guaranteed. im going to wait around a few years until interest rates rise and see if i can lock in at a guaranteed 4%. when i get older it'd be nice to stash some money at 4% no matter where rates are.
ETA: im talking a fixed annuity
This post was edited on 1/17/13 at 2:16 pm
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