Richard Kado is the president of Genesis Financial Development. As part of the team that created the first fixed index annuity, he holds 15 patents on annuity products - more than anyone else in the marketplace - and works closely with Annexus to produce new fixed income products. At nearly 70, he’s still doing the work he loves in what he calls semi-retirement, staying very physically active, and spending lots of time with his family.

Many financial advisors have complex feelings about annuities, so it was an honor to talk with one of the creators behind these products about their unique benefits and drawbacks for so many retirees.

I met Richard briefly at the end of an event - right before he left to go heli skiing. Today, he joins the podcast to talk about solving problems for customers instead of businesses, the advantages of giving up the greatest growth opportunities in order to get protection and security, and the common mistakes financial planners make when talking about investment products.

 

Show notes

Get access to the full show notes, including audio, transcript, and links to all the resources mentioned during the interview. Visit RetireWithPurpose.com/58

 

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