I have been offered an annunity, indexed to the S&P500. If the S&P500 rises, my return is 3% less then the incerase. If the S&P500 falls, my money stays the same, no loss. The S&P500 average used as a baseline is reestablished once each year. What do the Fools think? Is this a good way to protect my retirement funds, while having the opportunity for market growth. I am 66 and semi-retired. Comments are appreciated. Doc.
Best Of |
Favorites & Replies |
Start a New Board |
My Fool |
BATS data provided in real-time. NYSE, NASDAQ and NYSEMKT data delayed 15 minutes.
Real-Time prices provided by BATS. Market data provided by Interactive Data.
Company fundamental data provided by Morningstar. Earnings Estimates, Analyst Ra