Are Annuities a Good Investment?
Your personal investment objectives will determine whether an annuity is a good investment for you. Andrew Rosen, president of Diversified, LLC, examines the pros and cons of adding annuities to your investment portfolio.
Compared with traditional investments, such as stocks, annuities tend to carry lower risks. How you approach risk in managing your money can make a difference in whether annuities are right for you.
In this episode, you’ll learn about:
- How annuities fit into your investment portfolio.
- Comparing annuities with bonds as an investment.
- Where annuities fit into your overall retirement portfolio.
- Considerations such as tax deferral, accessibility and predictability.