When is the Best Time to Buy an Annuity?
In the world of annuities, the $10,000 question is, “When is the best time to buy an annuity?”. If you ask most agents, there answer will probably be “right now!”. That’s a predictable answer, obviously self serving, and not correct. The answer to that question is one that all agents know to be true, and is common sense to most. The answer is that “it depends.” That’s not a cop out or politically correct answer at all; it’s the truth. Let’s dig down and see how you can use that question to your advantage when buying an annuity.