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7 And we ended up with almost 20% growth! Connect With I&E! Schedule a Conversation with Barry to Discuss Strategies for Your Family, Your Investments or Your Business - https://gocom/insur. ‌According to him, although the promise of a stable income is enticing, 401 (k) plans and mutual funds are better investments. He views indexed annuities as potentially helpful for some yet cautions against them due to their intricate nature and potential costly fees. He advises individuals to focus on more traditional retirement vehicles, such as 401(k)s and IRAs, which offer tax advantages and a broad range of investment options. An annuity can be a useful long-term investment, especially for retirement. dallas zoo discounts Dave, Can You Clarify What A Fixed Index Annuity Is?Listen to how ordinary people built extraordinary wealth—and how you can too. Called a Single Premium Immedia. Quincy asked Dave Ramsey on Facebook whether "annuities are good for long-term retirement. If retirees relied on this income. www redt tube Annuities, particularly fixed annuities, protect your principal against losses, according to Lamar Brabham, founder and CEO of Noel Taylor Agency in North Myrtle Beach, South Carolina If you're following Dave Ramsey's Baby Steps or just want to gain a better understanding of the Total Money Makeover, Financial Peace, and personal finance in general, then this is the community for you!. 7 And we ended up with almost 20% growth! Connect With I&E! Schedule a Conversation with Barry to Discuss Strategies for Your Family, Your Investments or Your Business - https://gocom/insur. Ramsey suggests considering them when … Dave Ramsey is a financial expert who has mixed opinions on indexed annuities. There might be a rare exception when I'd use a variable annuity — which is a mutual fund inside of an annuity — but as a rule, I don't use annuities. On the other hand, the 2024 market outlook for a few analysts is 12% growth But you just have to take market predictions with a grain of salt because even experts get predictions wrong. google news tucson Dave's a little skeptical of annuities, except for certain types and at certain points in the baby steps (baby step 7 IIRC). ….

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