5 Mistakes NOT to Make with Annuities

Annuities can be a valuable tool in your retirement arsenal, IF you choose wisely and use them in the right way.

(Image credit: david franklin)

Recently, we learned an elderly client had unexpectedly cashed out of an annuity that was part of her portfolio and moved her money to another product.

Subscribe to Kiplinger’s Personal Finance

Be a smarter, better informed investor.

Save up to 74%
https://cdn.mos.cms.futurecdn.net/hwgJ7osrMtUWhk5koeVme7-200-80.png

Sign up for Kiplinger’s Free E-Newsletters

Profit and prosper with the best of expert advice on investing, taxes, retirement, personal finance and more - straight to your e-mail.

Profit and prosper with the best of expert advice - straight to your e-mail.

Sign up
Disclaimer

This article was written by and presents the views of our contributing adviser, not the Kiplinger editorial staff. You can check adviser records with the SEC or with FINRA.

To continue reading this article
please register for free

This is different from signing in to your print subscription


Why am I seeing this? Find out more here

Abigail Havermann, Investment Adviser Representative
Partner, Havermann Financial

Abigail (Abby) Havermann is an Investment Adviser Representative with Havermann Financial (www.havermannfinancial.com). A former couples therapist, she has a master's degree in social work, and since partnering with her husband in 2007, she has obtained her Series 7 and Series 65 licenses.