Are Annuities Safe?

Many investors want to know if annuities are safe or if they are on par with other forms of investment, like mutual funds or bonds. Before I answer this question, I've got to remind you that all forms of investment carry some level of risk, and there is no such thing as a perfectly safe, risk-free investment.

That said, annuities are generally considered a safer form of investment because the income they produce is guaranteed. However, this guarantee is only as secure as the company backing it up, and no companies are entirely immune to shifts in the marketplace.

It's definitely a smart move to carefully consider the performance and stability of the companies you do business with, especially when it comes to your family's investments. Oh, and remember before you commit yourself to an annuity of any kind, it's best to schedule an appointment with your financial advisor to review your options.

We’d be happy to discuss your options with you! Call us at 888-824-1144 or visit https://trueclassicwealth.com.