New answers tagged annuity
7
votes
Annuity money is not insured?
You are trying to compare annuities with investment products. But they are different.
With an investment product you give some of your money to a bank (or similar organization) and they give you it ...
- 31.9k
2
votes
Annuity money is not insured?
Three most probable ways of losing your money on an annuity are:
You die (particularly meaning sooner than expected).
Your counterparty turns belly up (this is what they mean by "not insured&...
- 467
9
votes
Annuity money is not insured?
“Annuity” is used for a number of different types of insurance products. I’ve come to my own conclusion that the only annuity that’s worth considering is an immediate annuity, where you trade a lump ...
16
votes
Annuity money is not insured?
An annuity is basically an insurance policy in reverse. Either way, they are betting that they can make a decent statistical projection of your future and adjust what you pay them against what they ...
- 37k
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