How Much To Invest In Annuities?

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   Steve Savant

   Syndicated Financial Columnist, Host of the weekly talk show Steve Savant's Money, the Name of the Game, Scottsdale Arizona

   There are reasons savers and investors purchase annuities, i.e. they're in a high tax bracket, they like principle safety of guaranteed interest rates and indexed annuities. Some investors like market driven separate sub accounts found in variable annuities. Many savers and investors diversify and allocate their monies between 10 to 12 products or investments. But annuities become a greater percentage of the portfolio as retirement closes in on seniors.

   Answered on August 9, 2013

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