The Motley Fool Discussion Boards
Investing/Strategies / Retirement Investing
|Subject: Re: Life insurance annuities||Date: 5/16/2012 12:18 AM|
|Author: JAFO31||Number: 70670 of 81961|
smolkod: "Does anyone have an opinion on using life insurance annuities as a vehicle for saving - for vacations, emergencies, college tuition, just about anything?"
Not familiar with life insurance annuities, but generally think life insurance as a savings vehicle is preety far down the list and that anything other than an immediate annuity is also pretty far down the list, with certain exceptions.
I have a friend who is a financial planner, who is really pushing this type of investment, and its not something I'm comfortable with."
"Friend"? If you are not comfortable do not buy until wither you are comfortable and umderstand what is going on and why it is good in your istutation.
|Copyright 1996-2017 trademark and the "Fool" logo is a trademark of The Motley Fool, Inc. Contact Us|