Ep. 20. The Good, Bad & Ugly of Annuities

Retirees are over sold annuities.  There is a particular place for them on rare occasions.  You are told that they are guaranteed, however, you are being mislead because their word for guarantee does not mean the same to the public and you may have a risk of loss of enormous proportions.  Yet, financial planners sell these like hot bread & butter for retirement planning accounts.  Beware!  Discover the hidden truths about tax deferred index annuities.  I provide real life stories about these dangerous financial products.  Like Adam & Eve eating the apple from the tree of knowledge.  I will give you knowledge, but you may not like what you see.