6 - Annuities Explained: Types, Benefits, & What You Should Know
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6 - Annuities Explained: Types, Benefits, & What You Should Know
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About this listen
Thinking about annuities but not sure where to start? Maybe you heard about them but think they are only bad and not sure why anyone would want one? In this episode, I break down the different types of annuities - fixed, variable, indexed, deferred, and immediate - and explain how each one works. You'll learn the pros and cons of annuities, how they fit into retirement planning, and what to watch out for in terms of fees, liquidity, and tax implications. Whether you're considering an annuity for guaranteed income or long-term growth, this episode will help you make informed decisions aligned with your financial goals.
Get in touch with Michael directly: https://forms.gle/9s8innFwpXtWEJW3A
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