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Personal Finance (Not Investing) • Can anyone explain what this guy was trying to sell me?

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If you ask what it was, it means you did let yourself get sucked into tentatively sniffing the cheese (or, in this case, steak) in the trap. You got a nice steak dinner, but here you are looking for an actual analysis of a particular fixed index annuity.

Highly understandable. But risky. Stealing bait from mousetraps is dangerous, and I have a friend with an unwanted timeshare to prove it.
I have two friends with unwanted timeshares. Sidetrack, but DW will not allow me to get tempted any more. No more timeshare presentation discounted vacations for us!

Maybe related to the OP, my Fidelity advisor told me there is a way to annuitize pre tax 401k $, and access penalty free under 59.5. His advice was to do some of this plus Roth conversions once in retirement. He wasn’t pushy, but I’ve never heard of an annuity like this. Somebody always trying to sell something, and I know this rep well now.

Statistics: Posted by Wannaretireearly — Fri Aug 09, 2024 5:50 pm — Replies 50 — Views 4213



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