The Motley Fool Discussion Boards
Investing/Strategies / Retirement Investing
|Subject: Re: Annuities||Date: 6/14/2013 3:15 PM|
|Author: BruceCM||Number: 72490 of 78166|
As others have said, it is most likely a salesman who is making this recommendation, not someone who 'advises'.
How relevant an 'annuity' (and there are many different kinds of 'annuities') is to the financial needs of your niece depends on several factors, to include:
1. The amount involved
2. Whether she requires the inheritance to support her retirement lifestyle or it is an added amount that she doesn't require.