Discover the essential keys to a secure retirement with Sheryl Moore, a standout expert in the realm of indexed annuities, as she joins us on Safe Money Radio. With over 25 years of industry experience, Sheryl's journey from her early days at an insurance company to founding her own market research firm is nothing short of inspiring. Her commitment to educating consumers and advocating for accurate media reporting on financial products forms the backbone of our discussion. Cheryl’s new book, lauded by financial heavyweights like Dr. David Blanchett and Dr. Wade Pfau, promises to be a game-changer for those seeking to protect their financial future.

We tackle some of the most common misconceptions about indexed annuities, unveiling their true benefits and the reasons they are often misunderstood by financial advisors. Sheryl sheds light on the critical features of these products, such as penalty-free withdrawals and the potential for lifelong income, which can empower retirees to spend confidently without the looming fear of running out of money. Our conversation also explores the research indicating that those with guaranteed income, including Social Security and pensions, tend to enjoy retirement more freely.

Moreover, we delve into strategies for maximizing retirement income while keeping tax burdens minimal, explaining the intricacies of annuity contract disclosures. Sheryl emphasizes the importance of reading insurance contracts thoroughly, understanding surrender charges, and consulting professionals before making decisions. This episode is packed with practical advice and insights, ensuring you walk away better equipped to build a financial plan that withstands market volatilities and secures a comfortable retirement.

Send us a text