Yeah, I don't like annuities at all either. But Barron's May 27, 2013 Cover Story is about how some annuities are offering low cost options: ....firms are giving the oft-maligned annuity a makeover: an ultralow-cost [sic], variable annuity that offers a broad array of alternative investments, including hedge funds, currency funds, managed funds and other strategies....I still wouldn't buy or recommend one but agree it could be appropriate in this case to save her from herself.
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