The Money Mustache Community
Learning, Sharing, and Teaching => Ask a Mustachian => Topic started by: pac_NW on March 02, 2014, 08:24:19 AM
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Interesting post in the HBR blogs last week. We don't talk about annuities too often in the forum. What are your comments on this article?
http://blogs.hbr.org/2014/02/what-do-people-have-against-retirement-income/?utm_source=feedburner&utm_medium=feed&utm_campaign=Feed%3A+harvardbusiness+%28HBR.org%29
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Why are people so against annuities? Maybe it has something to do with the loads and the fees. http://www.fool.com/retirement/annuities/annuities02.htm
I'm sure the Dutch run system has super low fees (compare the US TSP to even Vanguard) but annuities in the US are sold by a salesperson.