I was a stockbroker and licensed life insurance agent for about 10 years. I sold very few annuities over the course of my career (only 3 that I can think of now) because they didn't make sense for most people and their situation. Given the little info you have provided, I would say look elsewhere. A good mix of stocks, bonds, mutual funds and cash should give you a better return, more control and cost you less in the long run.
I like this advice a lot. Spread the risk, but I'd look for some growth too, with tech and some small cap stocks so as to have some part with large upside potential.
But then, that's what I'm advising my young son who can handle a little high risk activity. BTW, I don't care for mutual funds, but like the rest.
Norm
