Re: Annuities...are they a crap shoot?

On Mar 28, 2:13 pm, V <vf...@[EMAIL PROTECTED]
> wrote:
> My wife has a broker acquaintance that wants her to invest her
> retirement fund (all of it) in a Pacific Life annuity. The annuity is
> supposed to double your money in 10 years or sooner. I noticed on the
> cover of the Pacific Life brochure that it states "may lose money"

Check out Variable Annuity Watch, 2007, by Scott Burns at
assetbuilder.com/blogs/scott_burns/archive/2007/07/19/variable-annuity-
watch-2007.aspx
for a helpful discussion about the odds that a variable annuity beat
an index fund.

Dave

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