Annuities
Hi Terry, I’m a 78 year old widow. I’m thinking about taking $500 Thousand from my Fidelity mutal funds and investing it into an annuity that will give me additional monthly income. Do you agree with that plan? Thank you for your advice. Sincerely,
Terry Says
I absolutely do NOT agree with that — unless your financial situation has been carefully reviewed by a fee-only FIDUCIARY financial advisor who is NOT trying to sell you something!
I have no idea what kind of annuity this is, or what happens to the money when you die.
Please read this, and contact Pam for a match with an advisor you can trust!
https://www.terrysavage.com/pam-krueger-wealthramp/
And if you still have questions, please write back to the email you receive saying your quesetion has been answered. I seem to spend my life trying to prevent “little old ladies” (like me and my friends) from being ripped off!!
