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Thayer Partners Blog

4 Reasons to Consider Ditching Your Variable Annuity Today

[fa icon="calendar'] Jul 27, 2016 9:00:00 AM / by Chris Wilmerding posted in Variable Annuity

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Many financial advisors will suggest that variable annuities are a sound investment for just about any client approaching or in retirement, no matter their situation. Originally designed to provide reliable and steady flow of cash, annuities often seem like a great asset for those who are worried about running out of money in retirement, which includes most Americans today. Dig a little deeper, however, and it quickly becomes apparent that an annuity isn’t always the best solution for retirement planning.

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