Are Annuities Safe? (Wilmington, DE)

Many investors want to know if annuities are safe, or if they are on par with other forms of investments 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. Sorry.

Now that said, annuities are generally considered to be a safer form of investment because the income they produce is guaranteed. However, this guarantee is only as safe 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. 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.

Schedule a meeting to discuss your options!