Page 141 - Ready Set Retire
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Ready. Set. Retire!
I cannot imagine a personal financial situation
where I'd recommend a VA (variable annuity)
as a good idea.10
In a nutshell, our concerns about variable annuities are:
• High risk
• High fees
• High surrender charges
• Limited investment options
• Long surrender periods
Basically, if you are interested in risk and fees, go directly into
the market; your options are greater, you have no surrender
charges or periods, and fees are generally much, much (much,
much, much!) lower.
10 Ibid
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