Are Annuities a Good Investment?
As #stocks struggle, sales of annuities reached a record high of $77.5 billion in the second quarter of 2022! That's the highest quarterly sales ever recorded! But are they right for you? @John with @SecurusFinancial walks through the different types of #annuties, including:
Fixed Annuities
Variable Annuities
Fixed Indexed Annuities
He and @erinkennedy then break down the pros and cons of each. There are many types of annuities, and they generally serve one of two functions: as an investment or as a quasi-pension plan offering income for life in retirement.
John believes annuities can have a place in a larger financial plan, because they allow you to protect your principal and can provide guaranteed, lifetime income. If you'd like to discuss whether annuities should be a part of your financial plan, please reach out for a complimentary consultation by calling (858) 935-6210 or by visiting www.GoSecurus.com