financialInheritance
#RI-69ba71a6·4 months ago·
1
“Inherited annuities from father”
What Actually Happened
Inherited two predatory annuities with Talcott and Northwestern, filled with obscuritanist language and scary-sounding references to 'avoiding a taxable event'.
What I wish I knew
"I wish I knew about the red flags associated with these annuities before inheriting them."
Advice to Someone Facing This Now
If I could tell you one thing
"Be cautious of annuities with obscuritanist language and pressure tactics from insurance companies."
Regret Index
8/10
Clear regret.
The downsides outweighed what was gained.
The downsides outweighed what was gained.
Advice for Someone Facing This
Short, upvotable wisdom. The most helpful rises to the top.
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financial Category
1,609
financial decisions logged. Avg regret 5.4/10 across the category.
Same Outcome Band
43%
of financial decisions land in the severe band the same as this one.
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