No. of Recommendations: 1
I have retired at 60. Prior to 2008 was getting 5+% in CD's. Have sold home, put that in a fixed indexed annuity. Taking a Rollover on my government retirement. Not another annuity!!! What is up with the minimal returns. We taxpayers have to bail everyone out and then receive a pittance in return. I believe our congress/senate needs to institute some rules regarding paying back the tax payers for the largesse deemed necessary to prop up the greedy. Does anyone else see the collusion between the law makers, banks, insurance companies and wall street? When will we finally see reasonable actions instituted to level a playing field occupied by investors as well as the money changers.
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