Wednesday, July 11, 2007

 

For Annuity Investors, Living Benefits Are A Safety Net

My wife, Georgina, has spent close to $4,000 the past two years for "investment insurance" she didn't need.

But because this insurance gave her the confidence to put more money in stock funds, her investments, even with the insurance cost, are worth $40,000 more than they would have been with her former ultraconservative portfolio.

When I say insurance, I am talking about so-called living benefits offered by many variable annuities.

For Annuity Investors, Living Benefits Are A Safety Net
Source: Sun-Sentinel

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