I used to be VP/Investments Merrill Lynch before I retired. That said, I would never put someone in an annuity even though I would have made several times more income doing it. Annuitys are most often sold by insurance people (Yes, I had that license too) who are not lic to sell regular investments. You loose a lot of control with them and the fees are atrocious.
Look at rolling over the proceeds into a professional money manager or buy some timberland...
Last edited by Sasha_and_Abby; 12/27/21.
