Here at AnnuityGator.com we’re often asked, “which annuity is best?”
Truth is, it really depends on specifically what you’re looking for, as well as what works best within your specific financial plan. Anyone who says otherwise most likely has an axe to grind – or is trying really hard to sell you something.
That said, certain financial products / strategies really are better than others at realizing specific objectives. Below, is a table that helps illustrate this pretty well:
Fixed Indexed Annuity
|Highest Minimum Guaranteed Return|
|Highest Potential Return|
|Highest Income Guarantee (via riders)|
|Most Potential for Loss|
What we did here is looked at various things that might be important to an investor, and then identified with a simple check mark the very general investment strategy / product that works best. By no means is this exhaustive, but it does provide some key takeaways when considering the options you have as an investor.
So What is the Best Annuity?
As you can see from the table, if you’re looking for:
- The highest minimum guaranteed return