Annuities have to be the most understood investment/savings vehicles known to man. I can't believe the number of calls I of people being so confused. It's not that the vehicles are necessarily confusin, but that there is so much conflicting information on annuities it is ridiculous. Good press on annuities, bad press on annuities...agents that don't understand what they're selling and so on and so forth.
The bottom line is that you need to know your stuff before putting your hard earned money into anything....and annuities are no exception. Great information can be found but it is important to be able to distinguish what is good and what is bad. Bottom line...too good to be true is probably not true; horror stories probably have more behind them.
Great information on annuities can be found at http://www.AnnuityMD.com. Yes, that is a plug and yes that is my website. But the information is good. It's non-biased and not meant to be a sales tool for agents to sell annuities from. Check it out and see what you think. If you think it's expensive...try to see how much ignorance will cost you.
Tony Bahu
CEO
AnnuityMD.com
Ignorance AIN'T Bliss...
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