What type of person should invest in an annuity?
In Personal Finance - Retirement Planning - Asked by Admin - 14 months ago
People that have maximized tax-advantageous investments, prefer mutual funds, can keep an annuity for 15-20 years, are in the top 25% or higher tax bracket and may be in a lower tax bracket after retirement, do not need the annuity until after 591/2 years of age, and want a guaranteed income.
Answered by Admin - 14 months ago