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04.29.22 Clark Answers His Critics on Clark Stinks / Credit Bureau Cons

The Clark Howard Podcast

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Annuities Are Not All Bad

Anonymous: I retired last n here on the show, from an insurance company and opted to take my pension in a 15 years certain annuity. It is through my former employer, and i absolutely love it. And along with my social secure monthly payment, i don't have to touch my four o one k roth or personal savings. My point is, annuities are not all bad. What has happened is something both good and bad. Many employers have had the sophistication to offer this version of annuity that is one with very low fees and gives a good stream of income. Unfortunately, theiyar employers,. who are getting hoodwinked by high cost insurers, who don

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