Annuity Straight Talk

Annuities and Greed Don’t Mix


Listen Later

Understanding your financial goals is critical to deciding the best type of annuity for your situation. If you let greed get in your way, then it will just loosen your grip on your own peace of mind.

The thing is, annuities are not for greed; they're there to help you protect your money. Each type of annuity has its own level of risk and payout options. Your personal goals and objectives will help determine the best annuity for you. Don't use annuities for purely selfish reasons; channel your greed elsewhere because annuities and greed don't mix.

What You’ll Learn From This Episode:

[2:10] Bryan explains how quickly rates have been changing this year.

[4:43] You have to have a fair bit of economic analysis on why rates are going to be higher.

[5:50] Everybody needs to understand that there's a cost to waiting.

[8:42] As the duration gets longer and the yield gets higher, you can have more volatility in the price of a bond.

[10:23] Annuities are not for greed. You satisfy your greed in other ways. Stuff your money in a safe deal.

[10:41] Annuities are for safety; annuities are for protection; annuities are for peace of mind.

[13:19] There is a cost to waiting, and you could have gotten it in less time.

Key Quotes:

[2:30] "The way people are chasing rates this year, it seems like we're kind of chasing the stock market."

[4:36] "Just because you want it to be so, it may not be so."

Resources:

Annuity Newsletter

Call Annuity Straight Talk at 800-438-5121 or schedule a call at AnnuityStraightTalk.com 

...more
View all episodesView all episodes
Download on the App Store

Annuity Straight TalkBy Bryan Anderson

  • 3.6
  • 3.6
  • 3.6
  • 3.6
  • 3.6

3.6

13 ratings


More shows like Annuity Straight Talk

View all
Sound Retirement Radio by Jason Parker

Sound Retirement Radio

453 Listeners

Your Money, Your Wealth by Joe Anderson, CFP® & Alan Clopine, CPA of Pure Financial Advisors

Your Money, Your Wealth

808 Listeners

Retirement Answer Man by Roger Whitney, CFP®, CIMA®, RMA, CPWA®

Retirement Answer Man

1,313 Listeners

Retirement Starts Today by Benjamin Brandt CFP®, RICP®

Retirement Starts Today

521 Listeners

The Retirement and IRA Show by Jim Saulnier, CFP® & Chris Stein, CFP®

The Retirement and IRA Show

753 Listeners

Stay Wealthy Retirement Podcast by Taylor Schulte, CFP®

Stay Wealthy Retirement Podcast

669 Listeners

Retire With Purpose - The Retirement Podcast by Casey Weade

Retire With Purpose - The Retirement Podcast

585 Listeners

Ready For Retirement by James Conole, CFP®

Ready For Retirement

811 Listeners

The Rob Berger Show by Rob Berger

The Rob Berger Show

192 Listeners

"Fun With Annuities" The Annuity Man Podcast by The Annuity Man

"Fun With Annuities" The Annuity Man Podcast

54 Listeners

I Love Annuities by Jeremiah Konger

I Love Annuities

2 Listeners

Early Retirement - Financial Freedom (Investing, Tax Planning, Retirement Strategy, Personal Finance) by Ari Taublieb, CFP®, MBA

Early Retirement - Financial Freedom (Investing, Tax Planning, Retirement Strategy, Personal Finance)

39 Listeners

Retirement Planning Education, with Andy Panko by Andy Panko

Retirement Planning Education, with Andy Panko

866 Listeners

Retire With Style by Wade Pfau & Alex Murguia

Retire With Style

170 Listeners

The Atlas Annuity Podcast by Marty Becker

The Atlas Annuity Podcast

4 Listeners