I am 69 and put some of my money into a variable annuity. It does not seem to be making any money for me. Should I take the money out and do something else with it?
Terry Says: I would have to know more about the annuity — especially how long you have owned it. It is likely that there will be penalties lasting as long as 8-10 years that would cut into your money. Ask your agent point blank: If I want my money back today, how much can I get? Then write back.