Annuities vs. Income Investing
ebook ∣ Don't Bet Against Yourself: Financial Freedom, #107 · Financial Freedom
By Joshua King
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Do you like betting against yourself? Can someone handle your money better than you?
My Wells Fargo brokerage account has $48,000 and pays me $4,200 annually—an 8.5% dividend yield.
That same $48,000 would produce roughly $20,000 annually with an annuity, with no way for you to adjust manually.
Even worse, the $48,000 stays with the insurance company upon your death. You are not leaving the money to my kids; you also fail to give them "the information."
Instead of betting against yourself and your family, take drastic measures to learn how to create a paycheck. Everyone wins when you implement an income portfolio. Good Luck!
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