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Why I Believe Variable Annuities Rarely Make Sense
Manage episode 436096410 series 3589430
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"This is a touchy one." In today's episode, Mike describes why he almost never recommends variable annuities but is willing to articulate when one could make sense. Variable annuities are one of the more complicated insurance products out there, so listen for more clarity on what annuities are, when they make sense, and which type could be right for you. For the record, Mike is licensed to sell variable annuities but has never actually sold one because he has never experienced a situation where it made sense. This episode is intended to address the question presented.
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