If the pandemic mayhem has had you longing for the “good old days”, then you could be on to something, at least regarding annuities. Annuities used to be something that every retiree had to cling to, whether they liked it or not and whether rates were in their favour. However, with stock markets relatively volatile and the cost of living rising, a little of the charm of pension freedoms has worn off for many. A lot has been happening in the market for the past few years. Which makes you beg the question: Is now a good time to buy an annuity?

Well yes! Spoiler alert! If you have ever thought of buying annuities, the right time to buy is now! This episode will lay out the reasons why.

What You’ll Learn From This Episode:

[4:43] Products and strategies have to change because the market changes over time

[5:02] Safe money rates move past 4%

[6:57] When you're in a bond, do not sell it

[8:12] No matter why you want to buy it. An annuity will save you a lot of money in the past year.

[13:22] When annuities are the best, nobody wants them. Nobody wants them this year when the stock market was at the high

[17:35] If you’re thinking about buying an annuity, you have to do it now!

Key Quotes:

[4:21] “I survived in this business because I worked hard. Mostly because I found different ways to accomplish retirement goals even when rates are high.”

[9:58] “The most important thing about making money is not losing it before you get going.”

Resources:

Annuity Newsletter

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