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GFC 086: 3 Reasons Why You Should Never Buy an Annuity and ….

Annuities are by far the most oversold and misrepresented investment product that exists. In this podcast, we discuss 3 scenarios where they don't make sense, and 3 where they do.

Written By:
Jeff Rose, CFP®

Jeff Rose, CFP®

Jeff Rose, CFP® is a Certified Financial Planner™, founder of Good Financial Cents, and author of the personal finance...
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Updated: August 15, 2023
1 Min Read
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…3 Real Life Scenarios When You Should

Annuities.

For many investors annuity sounds like a 4 letter word.

This holds true for many advisors, too.

Annuities are by far the most oversold and misrepresented investment product that exists.

Even still, if used in the right situation, it could make “good financial cents”.

The keyword there is “right”.

Too often times we see annuities used in the absolute wrong situation.

And we wanted to highlight those on the most recent GFC podcast.

But since we do believe they can make sense in the right situation, we also wanted to highlight 3 real life scenarios where annuity could be the perfect fit. We can also help you obtain the best annuity quotes for different plans so that you can see which would work best for your financial needs.

About the Author

Jeff Rose, CFP® is a Certified Financial Planner™, founder of Good Financial Cents, and author of the personal finance book Soldier of Finance. He was a financial planner for 16+ years having founded, Alliance Wealth Management, a SEC Registered Investment Advisory firm, before selling it to focus on his passion - educating the masses on the importance of financial freedom through this blog, his podcast, and YouTube channel.

Jeff holds a Bachelors in Science in Finance and minor in Accounting from Southern Illinois University - Carbondale. In addition to his CFP® designation, he also earned the marks of AAMS® - Accredited Asset Management Specialist - and CRPC® - Chartered Retirement Planning Counselor.

While a practicing financial advisor, Jeff was named to Investopedia's distinguished list of Top 100 advisors (as high as #6) multiple times and CNBC's Digital Advisory Council.

Jeff is an Iraqi combat veteran and served 9 years in the Army National Guard. His work is regularly featured in Forbes, Business Insider, Inc.com and Entrepreneur.