Clark needs to apologize
For years Clark had told everyone to stay away from variable annuities. Whenever a caller would state that an advisor recommended one he would sound his alarm and tell them not to do it, that they should just buy an index fund because it's a lot cheaper. What he never discussed was what you get for those annuity fees. When the market imploded a year ago, many people in index funds had their retirement dreams shattered. Those with annuities had a guaranteed income stream that would never decrease or run out. Clarks glaring ommision of the benefits of annuities cost a lot of people their only shot at a decent retirement. All he talked was the cost of these benefits. Did you all know that your mortgage would be cheaper if you eliminated that pesky homeowners insurance policy from the escrow payment? That's basically what Clark told you to do with your nest eggs and it blew up on him big time. Clark, you've saved a lot of people a little money on plane tickets and cell phone bills but you've cost a few people their chance at a dignified retirement.Read full review »
Clarkstinks via Apple Podcasts · United States of America · 10/15/09
More reviews of The Clark Howard Podcast
Listen to both hours of podcast everyday. Has helped me with financial questions and retirement planning.
Sheetsfan via Apple Podcasts · United States of America · 04/01/10
I've only listened for the past 2 months but I've learned more from Clark in two months than I've picked up in thirty years... Thanks again...Read full review »
Ryanboucher13 via Apple Podcasts · United States of America · 03/14/12
Take a look at the pic of Clark at the top of the screen and you'll get an idea of the audio quality. It's worse than the photo quality... Sounds like someone got a cell phone voice recorder and recorded it from a bad AM radio. There are also, by my calculations about 20-25 minutes of...Read full review »
WobbleBobble via Apple Podcasts · United States of America · 04/18/07
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