An Annuity - Why Not To Buy
This potential conflict of interest is why experts like those at Investopedia suggest consulting a fiduciary advisor instead. Annuity Pitfalls Overview - Gainbridge
: Adding "bells and whistles" like death benefits or guaranteed income cost extra, which quickly eats into your principal. why not to buy an annuity
While annuities can provide a "personal pension," they are often criticized for their high costs and lack of flexibility compared to other retirement vehicles. This potential conflict of interest is why experts
: Sales agents may earn commissions ranging from 1% to 10% of your total investment. why not to buy an annuity
