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The Ugly Truth About Annuities: 5 Reasons to Think Twice
Every year over 33 million people make the mistake of putting their life savings to an investment that charges sky-high fees, locks up your money for decades, and pays massive commissions to the person selling it to you. That's exactly what happens to thousands of people every year when they buy annuities without knowing the ugly truth. I'm going to show you 5 critical reasons why annuities are often a terrible investment - and what your financial advisor isn't telling you about them. If you're considering an annuity, or know someone who is, this might be one of the most important videos you'll ever watch.
Chapters:
0:00 Introduction
1:04 Chapter 1: Reason 1, High Fees & Hidden Costs
2:14 Chapter 2: Reason 2, Massive Sales Commissions
2:52 Chapter 3: Reason 3, Loss of Liquidity
3:27 Chapter 4: Reason 4, Complexity & Confusing Terms
4:02 Chapter 5: Reason 5, Better Alternatives Exist
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Chisholm Financial Planning & Investments is owned by Jenny Logan and is a registered investment advisory firm regulated by the Securities & Exchange Commission in accordance and compliance with US securities laws and regulations. Chisholm Financial Planning & Investments does not render, or offer to render, personalized investment or tax advice through any videos or other content on any social media platform to include YouTube. The information provided in these videos is provided without compensation and for informational and educational purposes only and does not constitute financial, tax, investment, or legal advice.
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