Retirement Talk Radio's Podcast

Annuities are Continuing Their Record Breaking Year

Informações:

Sinopsis

Annuities have experienced drastic growth in 2022 as investors look for guaranteed income during a market correction, but should you be allocating money into fixed index annuities or other options? One of the goals of this show is to provide perspective on financial news and trends because what people think they know and what they perceive about things isn’t always accurate, and that’s what we’ll explore today. The problem with this sudden rush into annuities is where did this money get pulled from? As Laura Stover, RFC® and Michael Wallin, CFP® will explain on this episode, annuities might not provide the long-term growth many people need to keep up with inflation and this sudden shift in allocation might hurt investors that haven’t been planning properly. To truly analyze whether annuities are a good fit, you have to look under the hood. You want to know what you’re paying in fees, what type of joint income it offers, what the provisions of the contract are, and what balance is best for your portfolio. That