Thanks for the Information on Annuities

Q: Thank you for your wonderful reports, I'm so angry right now I could spit nails in regards to the Allianz situation.

My mother who is nearly 80 years old put a bunch of her money into Allianz and my husband put the money from his only 401k into Allianz also, back in 2005 (I think). Mom has received information on a class action suit, but Allianz told my husband his account was different and not part of that lawsuit.

I so appreciate your reports and website. I am trying hard to learn about all of this in a short time. I need to help my mom out somehow so she doesn't lose everything, and try to figure out how to help my husband as well. He is approaching retirement, and the financial advisor, who sold them the Allianz products, I will never trust again and will get no more of our business.

I'm off to read more! And again, thank you so much for your whole attitude and writing in such a way that I can understand most of it!


A: You are welcome.

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