Are Annuities Good, Bad or Ugly? Annuities deserve serious consideration for your retirement, as they can deliver financial security, providing income for the rest of your life. Are You Accumulating or Distributing Assets? Annuities are a good investment if you are buying them for the right reasons. For example, a fixed annuity might make an attractive alternative to a CD; a variable annuity might be bought for long-term, tax-deferred growth; and an immediate annuity is bought for income purposes. It depends on your needs, and on the type of annuity. While most annuities allow you to withdraw a limited amount of funds each year... 3. Many people accumulate investments during their working years to ensure... 2. It provides the highest level of income and insures against running out of money. Annuities can sound enticing when pitched by a salesperson who, not coincidentally, makes huge commissions selling them. Pro #2: Your Contributions Can Grow Tax-Deferred. How Long Is the Surrender Period? Pro #3: Fixed Annuities Offer Guaranteed Rates of … Pro #1: You Will Receive Regular Payments. Insurance companies sell annuities as a way to provide a guaranteed retirement income to people who don't have a traditional pension plan. You can buy annuities for safety, long-term growth, or income. In theory, of course, the best option is to buy an annuity. Are Annuities a Good Investment? Are Annuities a Good Investment? What Are the Pros of Annuities? – 7 Things to Consider 1.

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