I'm self-employed is there a better investment out there
2007-03-27 06:49:23 · 3 answers · asked by joortiz2 1 in Business & Finance ➔ Investing
Probably not. You will pay taxes at your normal tax rate when you take it out. Capital gains rates on mutual funds would probably be lower. Plus annuities have high fees and surrender charges.
2007-03-27 08:06:31 · answer #1 · answered by jeff410 7 · 0⤊ 0⤋
you relatively could have an entire existence coverage coverage as a retirement investment, yet till you anticipate the US economic gadget to noticeably settlement, you would be plenty greater smart of in putting your funds in different investments. in case you want existence coverage, get a term coverage and make investments the version. communicate with a economic planner to debate your man or woman own concern and boost a plan from there. entire existence coverage regulations are a scam. do no longer purchase one till there is a few variety of sound economic reasoning at the back of it.
2016-12-19 15:09:38 · answer #2 · answered by Anonymous · 0⤊ 0⤋
No.
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2007-03-27 12:12:18 · answer #3 · answered by Anonymous · 0⤊ 2⤋