Do you really think that the person selling you that Annuity has your best interest at heart? Could it be the 9% commission and the cruise that is driving them to sell you an annuity?
If this isn't proof that the annuity industry is sleazy....I don't know what is. People hawking annuities might be really nice people - but they are not advisors and have no clue, don't fall for there sales pitches.
Scott Dauenhauer, CFP, MSFP, AIF