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re: Opinions on fixed-index annuities...

Posted on 1/17/13 at 8:48 pm to
Posted by BARNEYSTINSON
Member since Oct 2011
773 posts
Posted on 1/17/13 at 8:48 pm to
At 41 the income rider is probably not necessary. Especially since the annualised caps are so low right now. Considering your age and risk tolerance an indexed annuity could definitely be utilized as part of your retirement buckets. If income is your primary goal for these funds, you may want to look further in to a variable annuity. It will give you a better potential for growth and still guarantee to a lifetime income. Especially considering your time horizon. I would also look at low cost conservative allocation funds that are tactical. You may also want to look in to alternative investments that are not correlated to the equity/bond markets.
Posted by Jake88
Member since Apr 2005
68459 posts
Posted on 1/18/13 at 7:25 am to
Thanks to everyone for the input.

quote:

At 41 the income rider is probably not necessary.


Ever? Can I just add it later to the fixed index annuity, say, when I'm 51 or so?

quote:

low cost conservative allocation funds that are tactical


What are these?

quote:


You may also want to look in to alternative investments that are not correlated to the equity/bond markets.


Such as?

Thanks again.



This post was edited on 1/18/13 at 7:26 am
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