Fixed annuities
Well I have been advised by my financial advisor to switch my current annuity thru nationwide with a lifetime rider to a annuity with Athens ? He claims nationwide current investment strategy not safe as they moved most portfolio into bonds back in April May when market was dropping.
Do you think this makes sense? I am 58 yr old and paid off my mortgage and all bills, college for two children. My investment amount is approximately 200k.
I rolled this into annuity for a safe haven 5 years ago but thinking this may not be the best strategy.
Any advice would be greatly appreciated.
I have been a huge fan of you for years and really enjoy when your on wgn.
Terry Says
I know of only one place to get serious and honest financial advice on annuities. That is at www.StantheAnnuityMan.com — Stan is my all-time expert and can look at your product and tell you whether your advisor is giving you solid advice — OR just trying to make another commission (and lock you in again for a period of years).
Feel free to call Stan at the number on his website. He is usually quick to respond You can use my name, or not, because I don’at get anything out of this — except the knowledge that I have maybe saved you from being ripped off!
