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Today, we talk all about annuities. Yet another powerful tool in your toolbox for taking control of your retirement, you can think of an annuity as a way to “buy” your own pension.
But it’s just that: a tool. Like any other financial vehicle, there are pros, cons, and tradeoffs to think about.
An annuity is a contract issued mostly from insurance companies that provides a guaranteed income stream. Mainly, annuities are used for retirement.
Some people look at annuities as the best thing since sliced bread. For others, annuities are a total time and money-sink to even consider. But for most folks, we’d wager the reality is somewhere in between.
Listen in as Stephanie and Kevin lay out the must-knows of the complicated topic of annuities, and suggest some questions to ask oneself when it comes to making use of a specific annuity for your retirement plan.
Key Topics:
Resources:
If you like what you’ve been hearing, we invite you to subscribe on your favorite platform and leave us a review. Tell us what you love about this episode! Or better yet, tell us what you want to hear more of in the future. [email protected]
You can find the transcript and more information about this episode at www.takebackretirement.com.
Follow Stephanie on Twitter, Facebook, YouTube and LinkedIn.
Follow Kevin on Twitter, Facebook, YouTube and LinkedIn.
4.9
1818 ratings
Today, we talk all about annuities. Yet another powerful tool in your toolbox for taking control of your retirement, you can think of an annuity as a way to “buy” your own pension.
But it’s just that: a tool. Like any other financial vehicle, there are pros, cons, and tradeoffs to think about.
An annuity is a contract issued mostly from insurance companies that provides a guaranteed income stream. Mainly, annuities are used for retirement.
Some people look at annuities as the best thing since sliced bread. For others, annuities are a total time and money-sink to even consider. But for most folks, we’d wager the reality is somewhere in between.
Listen in as Stephanie and Kevin lay out the must-knows of the complicated topic of annuities, and suggest some questions to ask oneself when it comes to making use of a specific annuity for your retirement plan.
Key Topics:
Resources:
If you like what you’ve been hearing, we invite you to subscribe on your favorite platform and leave us a review. Tell us what you love about this episode! Or better yet, tell us what you want to hear more of in the future. [email protected]
You can find the transcript and more information about this episode at www.takebackretirement.com.
Follow Stephanie on Twitter, Facebook, YouTube and LinkedIn.
Follow Kevin on Twitter, Facebook, YouTube and LinkedIn.
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