Congratulations, you’ve just retired.

You worked hard to save your money.

But now you’re worried that a drop in the stock market might wipe out your savings.

An insurance salesperson says, “I can give you a guaranteed, fixed monthly payout.

Nothing the stock market does will affect your future income.”

Should you take the offer? After all, it sounds great.

Image by Pixabay

But here’s why you shouldn’t.