Variable Annuity Comparison

yes and there are many. Annuities have gotten bad press but in my opinion, most people who knock them dont understand them. the living benefits lets say on ING or Pacific life offer a client minimum guarantees which will provide a guaranteed income stream for the future. These riders say that no matter what the market does, your principal will grow at a certain amount no matter what. ING for instance says for example if you put in 50k and add the 7% income rider, your money will nearly double in 10 yrs, and you can then take income off that amount, even if market has dropped. however if market performs, you can take your lump sum after surrender period is over if your happy with performance. You also have the ability to “capture” high points in the market and lock in gains that will be later annuitized. The people who complain about fees are idiots mostly, smart people don’t mind paying fees for “guaranteed” returns. Little do these know it alls know that they are paying fees in their mutual funds as well, they are just hidden better, and remember one thing……………a mutual fund has no guarantees. did you know that if someone put a principal protection rider on their annuity, and held it for 10 yrs, they would get back their principal if market tanked? go and ask someone who lost their shirt in stocks and funds if they got their principal back. Hope this helps

Call pacificlife and ing, theyll send you brochures on it.