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Strategies & Market Trends : Fidelity Funds

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To: MoneyPenny who wrote (3943)	4/11/2006 5:08:02 PM
From: Dennis	Read Replies (2) of 11457

had a long talk with fido about annuities a couple of years ago.....if you die you do not lose your money ,,,it goes to heirs now. At least that is the fido product. The product certainly has a bad reputation from many years of abuse....still can't really see the advantage unless a person cannot control spending habits. A good idea is to buy enough annuity to pay essential montly bills....take the rest and invest it yourself. As your expenses increase with inflation , take some of your profits from other investments and buy more annuity. personal.fidelity.com

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