You’ll probably find that advisors have varying opinions when it comes to annuities, but variable annuities might have the worst reputation of them all. Today we’ll tell you why variable annuities aren’t usually a good investment and why Chris rarely uses them in portfolios he builds.
Read more and get additional financial resources here: https://pffirm.com/2020/12/are-variable-annuities-a-bad-investment/
What we discuss on this show:
2:39 – Why so much disdain for variable annuities?
4:37 – Do you find many people with variable annuities?
6:49 – Can you have a variable annuity and not realize it?
8:00 – Understanding all the fees associated with these
14:29 – Do you ever use variable annuities for clients?
15:40 – Can you get out of a variable annuity?