You know annuities are a scam just from those damn commercials. Any time you see some 70-something washed up actor pushing something in a commercial, right away.... gtfo out of my face!Just watched these. My dad always talked about annuities being a scam and seems he was right... Loads of fine print that allows the investor to be paid peanuts while the fund manager reaps in bigtime profits.
Not FDIC insured.
Then factor in inflation.
No need to even do the research once you see a commercial.