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"What does Suze Orman think about fixed indexed annuities?”
Suzy Orman wrote in her #1 Best Selling book “the Road to Wealth,” she writes, “if you are approaching retirement age and you want to invest in the stock market but are afraid of losing your principal… if you are willing to take a smaller potential profit in exchange for a guarantee against any losses… you might consider an index annuity, which lets you participate in stock-market gains on a limited basis while completely protecting you against losses. This strategy can make sense either inside or outside and IRA.” Yes, the Suze Orman who rose to fame on her Public Broadcasting Special (PBS) actually condones the viability of index annuities for conservative minded investors.
If the market goes up, you earn interest credits, if the market goes down or sideways… you stay even!
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