Comparing Annuity Fees to Those of Other “Less Expensive” Investments

Comparing Annuity Fees to those of Other “Less Expensive” Investments

As it pertains to financial matters, you have probably heard the old saying, “It’s not what you make that really matters. Rather, it’s how much you keep.”

This holds true during your working years, as well as when you enter into retirement. And during the latter period, there are actually a plethora of strategies for bringing in an income stream.

But how much will these income strategies end up costing you?

Where to Draw the Line on Annuity Fees

All of the above being said, it is still common to get “sticker shock” when you take a close look at the fees that are charged on any insurance or financial product – which is oftentimes akin to looking at a beefed up sports car…and then finding out that the “base” price only includes the frame and the wheels. All of the really cool stuff costs extra.

But here’s the thing – if you really want all of the additional or optional bells and whistles, they’re there for the taking (for an additional fee, of course). But if you don’t, then simply “uncheck” the box and you won’t be charged for them.

Finding that Fine Line Between Cost and Value with Annuities

Because the inner workings of annuities can be uncharted territory for many people, determining whether or not an annuity is right for you can often be made much easier if you work with a guide.

That’s where the Annuity Gator comes in.

Our entire business is built around educating consumers on how annuities work. We essentially take them apart and put them back together so that you can make a well-educated decision regarding whether or not a particular annuity will fit in with your overall financial goals and objectives.

In fact, we’ve already done the legwork on hundreds of annuities – and we continue to add to our database of annuity reviews all the time. So, if you’ve got a question or concern about a particular annuity product, or if you’d like an expert to walk you through how these products operate in general, feel free to reach out to us here.

All high-ticket purchases should ideally be well researched before you move forward. This is particularly true when it comes to your future retirement income, and ultimately your future lifestyle. So, contact us and we’ll guide you through the process.

Comparing Annuity Fees to those of Other “Less Expensive” Investments

2 thoughts on “Comparing Annuity Fees to Those of Other “Less Expensive” Investments”

  1. There are many expensive products and many inesxpensive products.

    Generally a good idea to select a portfolio of low cost, well diversified funds.

    Annuities which have high cost and low returns are an inferior choice.

    Glen

    1. Hi Glen – Thank you for your comment. It is true that there are both expensive and inexpensive financial products that are available in the marketplace. This is the case for annuities, as well as other investment and income-producing alternatives. The key is to determine what exactly you want that product to do for you, and to then determine how much it will ultimately cost – whether these costs come in the form of advisor commissions / fees, administrative costs, and even the cost of market risk. Please let us know if we can help with any questions that you may have regarding annuities and their fees / overall costs. We can be reached directly via phone at (888) 440-2468, and through email at: http://annuitygator.com/contact/. Best! Annuity Gator

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