Reported about 14 hours ago
In a recent column by financial advisor Brandon Renfro, he addresses a reader's concern about allocating over 50% of their portfolio to annuities. While some may find this strategy beneficial for guaranteed income and stability in retirement, it could be excessive for others due to concerns about liquidity, reduced growth, and inheritance potential. Renfro emphasizes the importance of individual circumstances and encourages readers to critically assess their financial goals and consult with advisors for tailored advice.
Source: YAHOO