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