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To: ProudDeplorable

I contributed to an annuity for 16 years to get it to $250,000. Life ain’t fair


10 posted on 12/01/2022 12:35:19 PM PST by artichokegrower
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To: artichokegrower

You’d have made more by investing in mutual funds and buying a life insurance policy. I hate annuities. They cap your earnings in a year. For example, if the stock market is up 20 or more percent in one year, you would only get, say, 8%.

But, good on you for being a saver with a plan.


81 posted on 12/01/2022 1:53:59 PM PST by OrioleFan (Republicans believe every day is July 4th, Democrats believe every day is April 15th.for corruptiion)
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