Let’s be honest. The future is looking more and more uncertain. And, that can definitely impact your finances—especially if you have money tied up in the stock market.
If there is a silver lining, if you’re an annuity owner, you probably can rest a little easier. For example, if the stock market crashes, and you own a fixed or indexed annuity, your money is safe.
That may not be the case with variable annuities though. The reason? This type of annuity is tied to a registered index. So, it’s possible that you could lose some, if not all, of you money.