The Motley Fool Discussion Boards

Previous Page

Investing/Strategies / Retirement Investing

URL:  http://boards.fool.com/our-financial-planner-wants-us-to-put-our-401k-10889685.aspx

Subject:  Re: WHAT TO DO ANNUITIES OR IRA??? Date:  5/24/1999  12:56 PM
Author:  rjm1 Number:  10736 of 86876

Our financial planner wants us to put our 401k inot annuities (more commission) for him. Our
employer suggests IRA account. Need help retiring June 15. Thanks


Your post does not indicate any need for an annuity. Stay with the IRA.

The annuity may have some benefit if you could not have tax deferred earnings in an IRA and you wanted a set payment (remember inflation) for the rest of your life.
Copyright 1996-2018 trademark and the "Fool" logo is a trademark of The Motley Fool, Inc. Contact Us