What is an income or immediate Annuity?

Saying that an annuity is good or bad would be like asking if oranges are good or bad. That really all depends upon Your taste and needs. If You put money into an annuity and it is not what You needed or wanted, then an annuity is bad. On the other, if You took the time to ask questions and selected an annuity plan that works for You, then of course it would be the proper move to make.

When we hear this questions asked, the first thing we do is answer, well let see! We look at Your goals, Your age, the amount of time You are looking to invest Your money...and more. Getting into an annuity should not be a quick decision but rather a well thought out one. Keep in mind that investing in an annuity is a longer term proposition. You should not look at annuities unless You have at least a five year investment horizon. You should never place all of Your money in annuities and certainly not put it all in ONE annuity.

So again, annuities are not good or bad, there are just another option You should consider as a possible part of Your portfolio.