There are some sales who are not professional and misleading the return rate on annuity. Most of popular way is to present "withdraw rate" as "return rate". If you hear the statements such as "8% guaranteed" then you should be alert.
On anotherhand, victims may spread another wrong version about annuity and investors who do not know the detail always have the question "annuity? 騙人的東西吧."
The ture is: annuity is a very popular and useful product to create safenet for retirees. All pension plans from US companies are using annuity. However, the return rate is not quite attractive.
Don't trash the baby when trash the bath water. I used some trading profits (both from stock market and flipping propertie) years ago to buy annuity as partial of my retirement income. If I die after 80 years old, it should generate about 5.75%+ of annual return regardless of stock/housing market.It's much less than the current return rate from Bai Cai but I don't need to "work" with tenants.
