Comments on: New Types of Variable Annuities for Retirement http://gotoretirement.com/2010/01/new-types-variable-annuities-retirement/?utm_source=rss&utm_medium=rss&utm_campaign=new-types-variable-annuities-retirement A Baby Boomer's Journey from Retirement Planning to Retirement Living Tue, 31 Jan 2012 12:54:48 +0000 hourly 1 http://wordpress.org/?v=3.3.1 By: Tim http://gotoretirement.com/2010/01/new-types-variable-annuities-retirement/comment-page-1/#comment-2160 Tim Fri, 15 Jan 2010 23:38:33 +0000 http://gotoretirement.com/?p=4505#comment-2160 Hi Mr. GoTo I have examined many annuities and found that generally they are good for one thing only, lining the pockets of those who sell them. AXA and Hancock are good at marketing these confusing vehicles. If you factor inflation into the mix (we all know where that's heading)then your basically breaking even. 3% upfront and 2% annual fees, I would rather do a CD ladder, much simpler and more flexible. TRS Hi Mr. GoTo

I have examined many annuities and found that generally they are good for one thing only, lining the pockets of those who sell them.

AXA and Hancock are good at marketing these confusing vehicles. If you factor inflation into the mix (we all know where that’s heading)then your basically breaking even. 3% upfront and 2% annual fees, I would rather do a CD ladder, much simpler and more flexible.

TRS

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