The worst financial decision I ever made was getting 200k worth of variable annuities with Met Life
As Anthony Robbins says in his book Money master the game, variable annuities are invariably bad.
I held on to my annuities for 13 years so that they would get back to their ore subprime mortgage crash values. I should have bailed out and cut my losses. Met Life and the salesman stole 13 years of the future value of my money.
Variable annuities are extremely complex products where you pay through the nose in layered fees. Snd when you analyze the numbers, it’s a raw deal
Submitted September 04, 2021 at 07:33AM by Darth_Pervis https://ift.tt/3kWGvaX
