Answer:
For some people, certainly! When my father died, he left my mother $50,000. My mother is very risk adverse and doesn’t understand the stock market’s ups and downs. We decided that the best investment for her would be an annuity. She deposited her $50k at her local credit union and now receives $300 each and every month to supplement her social security and pension. When she dies, the credit union will return the $50k to her beneficiaries.
Step-by-step explanation:
