Ep 63: Why Variable Annuities Are the Liver & Onions of the Financial World

Variable annuities are a bit of an outcast, the liver and onions of the financial world. Why is that? What are the pros and cons? Mike explains on the show. 

 

Read more and get additional financial resources here: https://principalpreservationservices.com/ep-63-why-variable-annuities-are-the-liver-onions-of-the-financial-world/ 

 

What we discuss on this show: 

2:27 – Why variable annuities are hated on

5:31 – Do many people have variable annuities

7:25 – Many people don’t know they have variable annuities

8:50 – Fees

12:11 – Can you get out of a variable annuity

14:44 – Mailbag: Helping mom after dad dies

16:30 – Mailbag: Should I do a Roth conversion