U.S. News & World Report – June 7, 2018
This article explains why many investors don’t need to own annuities. In it, David Schneider points out that “The folks on the investment side frown on them, and the folks on the insurance and annuity side think that almost everyone should have an annuity,” He also states that “The traditional investment portfolio is likely to produce as good or better results” than many variable annuities, due to their higher expenses. He advises that “it’s reasonable for people to assume that if you can get along on a 4 percent withdrawal from your assets with an inflation adjustment that you’re probably at a decent financial position.”
Read More: U.S. News & World Report – June 7, 2018
Copyright 2023 - Schneider Wealth Strategies • Cambridge’s Form CRS (Customer Relationship Summary) • Registered Representative, Securities offered through Cambridge Investment Research, Inc., a Broker/Dealer, Member FINRA / SIPC. Investment Advisor Representative, Cambridge Investment Research Advisors, Inc., a Registered Investment Advisor. Cambridge and Schneider Wealth Strategies are not affiliated. This communication is strictly intended for individuals residing in the states of CA, CO, CT, DC, FL, IL, MA, MD, ME, NC, NJ, NY, OH, PA, SC, TX, VA, VT, WI. No offers may be made or accepted from any resident outside the specific states referenced. Powered by Levitate.