re: Thoughts on Variable Deferred Annuity

Thanks so much for everyone's comments. I am not putting all of my retirement into the annuity, just a portion of it. It will be an annuity with a GMIB along with a GMDB. My financial advisor is a long time friend who has been very up front with me on the cost of an annuity. It is very important to me that I pass on that I leave something for my sons. I think this might be good along with my life insurance.

Again thanks a bunch for your thoughts.