this post was submitted on 23 Oct 2024
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Economy

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How do I determine which guaranteed annuity is best for me? (www.moneyweb.co.za)
submitted 9 months ago by tuxbot to c/economy@lemmy.world
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[–] undercrust@lemmy.ca 2 points 9 months ago

The only person that benefits from a guaranteed annuity is the person earning the commission from selling it.

And before some idiot says "oohh well what if they can't control their spending?", if they're really that bad then they need a conservator, not an annuity.