The Motley Fool Discussion Boards

Previous Page

Retirement Discussions / Retire Well on Less


Subject:  Re: Annuities for mother in law Date:  10/1/2007  11:25 PM
Author:  vkg Number:  1104 of 1751

<i> She invested 50k and it is now worth 60k. </i>

A CD would give her better returns and be FDIC insured.  20% over 7yr  (less than 3% a year without compounding) is very low return for a high risk investment.  The advisor that put her in it maybe making more than she is off the investment. 


Copyright 1996-2016 trademark and the "Fool" logo is a trademark of The Motley Fool, Inc. Contact Us