Sheryl Moore, author of 'Why I Bought Indexed Annuities', discusses the benefits and misconceptions surrounding indexed annuities. She explains that indexed annuities guarantee a monthly paycheck for life, with limited interest based on the stock market's performance but no risk of losing money. Moore became passionate about indexed annuities after losing money in a 401k and realizing the need for a more secure retirement option. She started her company to provide credible information about annuities and dispel common myths. Moore also addresses the criticism from fee-based investment advisors who often discourage clients from buying annuities.
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