No. of Recommendations: 0
TPHMcCord, you wrote:

<< We recently closed our whole life and replaced it with term. Our investor suggested that we put the money that had built in this account into a life and annunity retirement account. I know nothing about these and how to research them to find out which companies have the best returns and track records. Please help me with this information. >>

Hmmmmmm? Just who does your advisor work for and what company is this so called "annuity retirement account" with? If it was your intention when surrendering your whole life policy to get better returns, you probably should just be looking at mutual funds for investments. If your advisor isn't able to help you understand what's going on or help you understand what this account is . . . then you should really be looking for a different advisor.

Can you be more specific as to what your advisor is really trying to do for you here?
Print the post  


The Retirement Investing Board
This is the board for all discussions related to Investing for and during retirement. To keep the board relevant and Foolish to everyone, please avoid making any posts pertaining to political partisanship. Fool on and Retire on!
When Life Gives You Lemons
We all have had hardships and made poor decisions. The important thing is how we respond and grow. Read the story of a Fool who started from nothing, and looks to gain everything.
Contact Us
Contact Customer Service and other Fool departments here.
Work for Fools?
Winner of the Washingtonian great places to work, and Glassdoor #1 Company to Work For 2015! Have access to all of TMF's online and email products for FREE, and be paid for your contributions to TMF! Click the link and start your Fool career.