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Annuities Were Hero of Great Recession

Annuities have Been the Hero of the Retirement-Minded

There has never been more controversy about any safe money place than there has been about fixed annuities. There is a very good reason for this: the loud voices of Wall Street and the deep pockets of the brokerage industry have fostered a campaign to discredit this competitor. But you can’t dispute facts, and the facts are that while stocks, mutual funds, variable annuities and other “investments” lost a big percentage of their value in the Great Recession, annuities held their values and the income payments kept coming. In fact, the rock-solid performance of annuities in trying economic times has prompted our government to endorse them as a way to protect retirement savings. Register to read a timely article about how annuities have performed, how those with vested interest have disparaged them and why you need to know more about this safe place to keep your retirement money.

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