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Met Life Annuity plan

Sent to General Experts August 13, 2006 9:10 p.m.

I am a 55 year old recently-retired male. My broker suggested that I roll-over my 403B monies (approx. $87K) to an IRA. Because I no longer make contributions to this plan as I no longer work for that employer, I did roll it over. She is now putting the monies into a Met Life Annuity Plan. I think she mentioned I will earn 6%. I stressed to her in the past that I no longer want my monies put into aggressive stocks so my portfolio is basically giving me quarterly dividends. They are not in growth stocks as per my wishes. I currently have about $200K in liquid monies. Does this Annuity Plan sound ok to you? Thanks.

Customer (name blocked for privacy)

Status: Closed Value: $10

Answer
August 14, 2006 11:19 a.m. (14 hours and 8 minutes later)

ACCEPTED

Annuities are an excellent way to providing additional income for retirement. The Met Life Annuity Plan is considered by many to be a very good plan. It is always good for the consumer to be informed about the annuity of their choice. Below is more information that will be helpful in this goal.

http://www.metlife.com/Applications/Corporate/WPS/CDA/PageGenerator/0,4132,P10654,00.html

http://www.maryfurlong.com/studies/MetLife_SilentGenerationStudy6-21.pdf

http://biz.yahoo.com/e/060808/met10-q.html

Click on any of the underlined words for additional information.

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Reply
Sent August 14, 2006 6:49 p.m. (7 hours and 30 minutes later)

Relist: I prefer a second opinion.

Customer (name blocked for privacy)

Reply
Sent August 15, 2006 8:37 p.m. (1 day and 1 hour later)

Relist: I prefer a second opinion.

Customer (name blocked for privacy)

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