Disappointment with our annuity – we drank the Koolaid apparently!
Yesterday with Jon Hansen on WGN, you said your newsletter coming out today would deal with this. I am in an Allianz annuity with an excellent financial advisor
and I am so disappointed with the returns in this booming investment environment. We are taking $1800 a month with a $160,000 balance. I told him we were disappointed and he said we could change our distribution to $1400 a month for a lifetime.
Can I get out of this annuity? Thanks.
Terry Says
Did you read my new column on Annuities? It seems like you didn’t understand the product
https://www.terrysavage.com/the-annuity-pitch/
As noted in the column , this product doesn’t give you ALL the upside!
Read the column and get a free second opinion from Stan.
