Annuities vs. Income Investing: Don’t Bet Against Yourself - Financial Freedom, #107 - E-book - ePub

Do you like betting against yourself? Can someone handle your money better than you? My Wells Fargo brokerage account has $48, 000 and pays me $4, 200 annually-an 8.5% dividend yield. That same $48, 000 would produce roughly $20, 000 annually with an annuity, with no way for you to adjust manually. Even worse, the $48, 000 stays with the insurance company upon your death. You are not leaving the money to my kids; you also fail to give them "the information." Instead of betting against yourself and your family, take drastic measures to learn how to create a paycheck.
Everyone wins when you implement an income portfolio. Good Luck!