My (32M) financial advisors have me in a deferred annuity Roth right now and I’m not entirely happy with its performance. It has a lot of holdings, too many to list, and it’s in the “most aggressive” model but has a time-weighted 3y return of about 3.9%.
I understand the benefits of a deferred annuity, so my question is really for anyone who has one within their Roth and is happy with it - or anyone who is now retired with the deferred annuity monthly payments. Was it worth it?
I’ve got a few years left on the contract, so I’d suffer about a 5% penalty for canceling it - which is roughly $1,500 right now. But I’m debating if it’s worth canceling it now and moving to a different fund (looking at VFIFX, VFFVX, or VTTSX). Also considering just loading VT and chill.
If anyone is curious about the current holdings, I can send the list.
Submitted February 11, 2024 at 11:42PM by Hungry-Ad-6199 https://ift.tt/jOpbtWz
