Are Annuities Bad? The Truth About Ken Fisher

Today I’m going to be telling you the truth about Annuities and Ken Fisher’s advice. Is he justified in his hatred of annuities? Today we’ll be breaking down his issues with annuities, and talk about what the truth is about these “problems”.

Annuities are a great way to plan for your retirement. If you’re looking to create a solid retirement plan that includes a solid guaranteed income at half the cost of other strategies, then annuities should be on your radar. Plus, if you set them up correctly, you can make that guaranteed income tax free for life!

0:00 Intro
0:37 High fees in Annuities
1:57 Annuities don’t live up to their promises
4:25 Problematic for taxes
5:59 Illiquidity of Annuities
6:39 Physical size of contracts
7:26 No real benefits
8:41 Only financial advisors benefit
9:38 Better ways to invest

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