The “7% Guaranteed” Annuity Myth

The “7% Guaranteed” Annuity Myth

by | Jan 1, 2021 | Blog

One of the most common things I hear from people who own or have been pitched an annuity is the belief that the annuity will “earn 7% guaranteed.” Usually this is due to either a salesperson misrepresenting how the annuity works or the consumer misunderstanding. The...