Annuity Pitfalls

The main drawback is the expense. My company sells annuitiues and responsibilities as 1.3% of assets each year. This may seem like much, but if you invested $ 100,000 and earned 7% per year (before expenses) you would 542,743.26 after 25 years ILOAIDS an annuity, but if you do this within the annuity you're left with after 399,829.36 25 that is less than 142,913.90. You do not have to leave money invested for more than 5 more years to catch up to where you habve summer after 25 years outside of an annuity.

The main stumbling block would, I suppose the fact that it is linked to investments. Do you have enough time to get out of the bottom on the stock market? If so this is not really bad. Of course, you have to take into account the costs to society of investing whatever you use. If you want more info contact me.

The main pitfall is that under-performs almost anything else you could do, besides putting it in your checking account.

Here is a simple, three fund portfolio consisting of low-cost ETF that is likely to exceed anything your stock broker throws at you over the next 10 years.

Vanguard Total Stock Market ETF - VTI - Total Market
iShares MSCI EAFE Index Fund International Value Fund - LVS value -
iShares Lehman Aggregate Bond Fund - AGG - Global Bond Fund

Any unified theory of Financial
Revealed in Dilbert and the Way of the Weasel
By Scott Adams

1.Make will
2.Country your credit card
3.Get term life insurance if you have a family to support
4.Fund up your 401k
5.Fund your IRA up
6.Buy a house if you want to live in a house and can afford
7.Put six months of expenses in a money market account
8.Take any remaining cash and to invest 70% in an index fund of stocks and 30% in a bond fund through any broker and never touch it until retirement
9.If all this confuses you, or if you have something special going on (the issues of tax planning Retirement College,,), hire a financial planner based on law, not one who charges a percentage Your Portfolio

Check the bottom line: a portfolio with an asset allocation of 70% in Vanguard Total Stock Market Index (VTSMX) is doing well, the scene remarkably similar to the S & P 500 Index. In addition, the portfolio of simple two-fund is ideal for the vast majority of America's 95 million investors who are passive much as Adam's Dilbert character.
The truth is, most investors have little or no interest in the casino action on Wall Street and all the tedious research, ruses sophisticated stock-picking trade cost needed to play in a market drowning in 10,000 shares, 18,000 funds and more than 100,000 bonds. Most investors have jobs and children as their top priority. In addition, the portfolio Dilbert simple two funds compares favorably with our other lazy portfolios.

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