One of the primary reasons AnnuityGator.com was started is to act as a consumer advocate. We want to provide unbiased annuity education so readers can make more informed decisions regarding annuities; and ultimately, make sure investors use annuities the right and have proper expectations.
As a result, Annuity Gator has become one of the most popular annuity websites in the USA with tens of thousands of visitors each month. We also get thousands of messages via our secure contact form from investors asking questions and sharing their experience dealing with annuity agents. From all these questions and feedback, we’ve learned that there is a lot of really bad annuity advice out there:
- Flat out lies about how products work
- Exaggerated return expectations
- Annuity sales pitches 100% motivated by agent commissions and not investor benefit
- And lots more
In today’s post I’ll share some of the recent questions/comments that have come in from website visitors and offer feedback on how to spot really bad annuity advice. If you find yourself in a similar situation, hopefully this will help you spot the crummy agents and avoid a potentially very expensive (bad) financial decision.