No. of Recommendations: 7 guys are terrific!! Thanks very much for all the resources, information, and advice.

The response to "What about Vanguard Funds?" was simply "we don't have Vanguard funds as an option". The surrender charges are high, at 6-8% in the first year, decreasing to 0% over a 7-year period. Combined annual expenses look to be about 2%, with the principal compounding at 6% a year "with no market risk".

My gut reaction is, despite the carrot of a guaranteed rate of return of around 4% with no risk, to stick with Vanguard funds and steer clear of the annuity.

RW Rose
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