Why Not To Buy An Annuity Apr 2026

While annuities can provide a "personal pension," they are often criticized for their high costs and lack of flexibility compared to other retirement vehicles.

: Adding "bells and whistles" like death benefits or guaranteed income cost extra, which quickly eats into your principal. why not to buy an annuity

This potential conflict of interest is why experts like those at Investopedia suggest consulting a fiduciary advisor instead. Annuity Pitfalls Overview - Gainbridge While annuities can provide a "personal pension," they