annuities = bad

Thanks to a post by AllFinancialMatters, I was reminded of an article I read recently about annuities. The article came in handy, as it helped me resist falling into the tangled web a financial advisor was weaving to bring me into his lair.

Anyway, the gist of the article, by Kiplinger, is that annuities are a rip off. Given that some of my friends are/have been/will be talking to the same advisor, I definitely recommend this as a must-read!