Top Three Reasons to Avoid Variable Annuities

Brian Fricke, CFP®Asset Protection, Financial Planning

Variable annuities are popular in times of market turbulence because of extra fringe benefits like “guaranteed income for life” or “withdrawal benefits.” However, these are the three reasons why those fringe benefits don’t always mean variable annuities are a good investment option for you: High Cost – variable annuities are double or triple the cost of a mutual fund, which … Read More