Finally, The Truth About Annuities!
Glen Burnie, MD. – Financial Advisor Michael Canet reaches out to clients and the community to inform them of the benefits and dangers of owning annuities.
Canet advises that annuities can be a great “safe money asset” to own.
“Banks sell them, brokerage house representatives sell them, the guy who insures your car can probably sell them, too,” said Michael Canet, Founder of Prostatis Financial Advisors Group, LLC and the Estate and Elder Planning Center of Maryland. “But the real question is, are annuities any good for you, your money and your retirement? And if they are good, who is qualified to find you the right one for your unique retirement planning situation?”
When consumers are considering an annuity, it is essential that they get complete disclosure in order to make an informed decision.
Variable annuities, lifetime immediate annuities and indexed annuities all have their pros and cons that may not be visible to the naked eye.
“Don’t buy into an offer that defies logic,” said Canet. “A good safe money advisor will know how to ladder annuities and help you find the best option after carefully considering the benefits and costs to each one.”
About Michael Canet:
Michael Canet is the Founder of Prostatis Financial Advisors Group, LLC as well as the Estate and Elder Planning Center of Maryland. For over a decade, Canet has been building a reputation in retirement planning and asset preservation for families and retirees.
Michael Canet is the author of, Surviving the Perfect Storm: A Practical Guide to Secure Retirement Planning During Volatile Times, and the host of The Savvy Investor Radio. Canet holds public seminars focusing on financial and legal aspects of retirement planning, the economics of long-term healthcare and asset preservation, and frequently appears on television as a tax and financial expert.