Annuities: age 52. Where to start searching for low cost annuity? What's the costs vs returns? When should I start investing in annuities?

Currently putting $20K in 403K, $3k in IRA.
Is Vangaurd the best place for annuities?

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Answered by Winnie Sun, Financial AdviserPRO+ in Irvine, CA
This is an excellent question, but one that isn't that easy to answer. Annuities are a lot like laptop computers, they call with all sorts of features, benefits, and price points. And, they continue to change fees/features quickly. These investments can also be difficult to understand. This is certainly one investment that it pays to consult with a professional before purchasing. | 10.15.14 @ 07:55
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$commenter.renderDisplayableName() — {comment} | 12.08.16 @ 02:10
Answered by David Klenske, Financial Adviser in Carlsbad, CA
As soon as you can. Start with a fixed indexed annuity ( no fees) and look for one that offers a spread not a cap. You can expect somewhere between 4-6% return for a 10yr period. If you are looking for a higher return you will be disappointed with the FIA. | 09.29.15 @ 21:46
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$commenter.renderDisplayableName() — {comment} | 12.08.16 @ 02:10
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