Are Annuities a Good Plan B? – Prudent Money Show – February 16, 2016

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Are Annuities a Good Plan B? – Prudent Money Show – February 16, 2016

Advisors will often times pull investors out of investments and put them into annuities as a plan B. Bob talks about when that is appropriate and when it is mostly inappropriate.  For someone who can tolerate risk, the stock market isn’t the problem.  It is that they are taking the wrong strategy for risk.  Moving to an annuity out of fear is never the answer.  The answer is get the right strategy for risk.  Bob explains

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