#34 Annuities ARE Exciting
Annuities are always a good investment idea, especially when you’re looking for ways to supplement your income in retirement. Retirees who have an annuity have more fun because it reassures them that they won’t outlive their savings. The annuity also allows them to open their wallets whenever they want and have a good time without worrying afterward. Well, if that’s not exciting for you, then maybe you should consider clicking on today’s episode and understanding the context a little bit more (come back and thank me later).
Also, if you’re out there saying that annuities are boring, maybe you should give this podcast a listen and hear these helpful insights. You’ll definitely learn a thing or two from this episode and reconsider some thoughts.
What You’ll Learn from this Episode:
[3:39] Annuities are exciting
[7:11] The answers to over half the questions that you have when it comes to annuities don’t even exist 15-20 years ago.
[8:03] The fundamental reasons why annuities are beneficial in retirement?
[13:27] The advantage that annuities have over bonds and retirement portfolios.
[15:11] What types of things you can’t do with an annuity?
[16:24] When looking for annuities, you’re not looking for top-length growth. You’re just looking to preserve some of your assets.
[17:11] You don’t have to watch your market day in and day out because you’re protecting yourself.
[7:23] “This is something that requires you to change everything that you thought about annuities.”
[13:48] “You have to understand that there’s a better option, and there might be another benefit in doing it.”
[10:31] “So if you’re helping people to retirement, that’s accumulation. At retirement, the game changes, and that’s the truth.”