Download or read book Be Very Wary of Equity Indexed Annuities written by Dale C. Maley and published by . This book was released on 2017-01-10 with total page 58 pages. Available in PDF, EPUB and Kindle. Book excerpt: 78 million Baby Boomers start to turn age 65 in 2011. Many of these Boomers will be seeking investments that have low risk and high returns. Equity indexed annuities are often promoted as low risk investments with high returns. This short story explores the complexities and hidden costs of equity indexed annuities.