Close Close

Life Health > Annuities

Ask a Fool: What do you think of annuities?

Your article was successfully shared with the contacts you provided.

In this YouTube video, Robert Brokamp, CFP, senior advisor at Rule Your Retirement, says that he is not against annuities. In response to a question from a 70-year-old widow, he says that a plain income annuity would be appropriate for someone concerned about outliving their money, wary of stock market fluctuations and who doesn’t want to closely manage their money anymore. He was less enthusiastic about investment and hybrid annuities.