BEST FINANCIAL ADVISORS IN WYOMING
Updated 37 days ago
Casull Financial Advisory, LLC, South Jordan, Utah 84095
Annuities have their place sometimes, but according to the SEC they are becoming over utilized at the wrong times and for the wrong reasons. A relevant, and surprising point to make is that, most people that buy an annuity NEVER ANNUITIZE. Why would anyone pay the high fees/commissions and also be locked into a product for the benefit to "annuitize" when most, by far, that buy them never annuitize? Again back to Psychology, people end up being afraid to lose the control of their money that annuitizing brings. Once you annuitize you lock into a set payment amount each month. You can't request more. There are way too many Financial Advisors selling way too many annuities with only commissions in mind. If you are being sold an annuity, you should seek a second, or third opinion. Many Financial Advisors, and the firms that employ them, like annuities for the big commissions, and the powerful SALES inducement to say they are "GUARANTEED". This guarantee is not from the government like the..
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