Summerlin Benefits Consulting Q&AAnswer
Oct 15, 2024 - 09:38 AM
While annuities can provide guaranteed income and principal protection, they are not always the best option for everyone, depending on your financial goals and risk tolerance.
Annuities offer benefits like guaranteed income and principal protection, they tend to come with higher fees, limited liquidity, and lower growth potential compared to alternatives like life insurance, stocks, real estate, or bonds. It's essential to weigh the pros and cons of each option based on your financial situation and goals. Consulting with a financial advisor can help you choose the best path to secure your financial future.
Annuities offer benefits like guaranteed income and principal protection, they tend to come with higher fees, limited liquidity, and lower growth potential compared to alternatives like life insurance, stocks, real estate, or bonds. It's essential to weigh the pros and cons of each option based on your financial situation and goals. Consulting with a financial advisor can help you choose the best path to secure your financial future.
