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This 94-Year-Old's Adviser Told Her Put $1.4 Million Into An Annuity — Suze Orman Said 'Run Away' From That Person
Yahoo Finance· 2025-10-22 20:31
Benzinga and Yahoo Finance LLC may earn commission or revenue on some items through the links below. At 94, Jewel thought she was making a smart financial move. After downsizing from her home into a small townhouse, she had $1.4 million from the sale of her house. Her financial adviser suggested she invest the entire sum in a single S&P 500–indexed annuity. Jewel wasn't sure and turned to financial expert Suze Orman for guidance. Orman didn't mince words when she said, "Run away." The Annuity Proposal O ...