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Investing/Strategies / Retirement Investing
|Subject: Re: Life insurance annuities||Date: 5/17/2012 12:56 AM|
|Author: Dwdonhoff||Number: 70689 of 78165|
YMMV - it may be that this was just a salesperson spouting the line he had been taught.
Yeah... sounds like complete smoke to me...
But annuities are complex enough that I suspect that many people selling them don't completely understand them, so having a salesperson that does this is probably not uncommon.
I'm sure you are right on that.
In the OP's case, since his friend was insisting that there was 'no risk', I would suggest that the OP's friend was spouting the line he had been taught.
Very likely... I agree.
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