Confession first - I was not very aware not active in managing my finances until a couple of years ago. I am in the process of rectifying my mistakes.
As per my financial advisor's suggestion, 65K of my IRA (from previous employments) were moved to a Variable Annuity (Lincoln) about five years back. I am 50 yrs old and have no intention retiring anytime soon. From everything I am reading, it does not make sense for me to put my money in annuities at this point in my life. I would like to pull out the money and put in Vanguard mutual funds or ETFs. Is this the right move or am I better off leaving the money in annuities?
Thanks!