[trainguy]

Hello,
I have no excuse for myself, but in 2000 I purchased a variable annuity,
saw it plunge and now see it having earned just under 3% yearly. Yes,
I did this.
As you'd expect, I am getting subtle suggestions (pressure) to roll the
funds into one of the 'new & improved' variable annuities. Gee, it's
guaranteed income and they'll add 5% to the year-end balance for
the 1st 10 years. For a cost, of course.
I am just out of the surrender fee period and am 59.5. I am ready to
move this amount into something else. Does anyone see a variable
annuity (and its fees) to be better than other options ?. I know that
each situation is somewhat different, I'd just like to see if these
vehicles have worked for others ?
Thank you.