Annuities and Inclement Weather
In the same way that we prepare for inclement weather, it is crucial also to protect ourselves from rough financial conditions. These economic storms can leave us vulnerable and without a safety net, so it is essential to have a backup plan and invest in financial insurance, such as annuities.
Annuities can provide a stable income stream and help safeguard our financial well-being in times of economic uncertainty. Don’t wait until it’s too late to prepare – make sure to have a plan in place to protect yourself from financial risks and be ready for any unexpected challenges that may come your way.
What You’ll Learn From This Episode:
[3:15] Annuity and inclement weather
[3:52] Winter came fast and hit hard
[4:27] When we get a bunch of snow, and it melts, that sets things up to even worse scenarios
[5:50] Now Bryan’s ready with his tire changes, tow rope, and power tools to get prepared for the winter season
[7:13] There are a lot of things we should do to prepare for the inclement weather
[11:20] Emergency savings, long-term care, etc., are substantial investments
[11:30] To save money in the future and save time, you have to have preparation
[11:47] To start buying an annuity is just shifting assets from one place to a safer place
[5:55] “I carry all that stuff because I prefer to help instead of risk being stuck waiting for help.”
[12:07] “Annuities don’t cost you anything.”