Fixed Indexed Annuity
Indexed annuities are fixed a good choice with 10 years for retirement, taking into account the current economy?
Annuities are almost always a terrible idea, because of its high load factor (sales charge). Put your money in a no-load mutual fund based on indices, such as one based on S & P 500. Good companies include Fidelity Investments and Vanguard. Fidelity has an annual expense ratio of 0.10% (10 cents per $ 100).
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