No. of Recommendations: 1
Definitley skip the annuity and start a Roth IRA.

Since he is getting a late start on saving, I don't think he's likely to be in a higher tax bracket after he retires, which is when the Roth is advantageous. I think a traditional IRA (or 401k if available) is likely better in this case. But one would have to crunch numbers based on expectations to be sure.
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