Ep 60: Annuities 101

How Money Works

English - September 01, 2022 09:02 - 11 minutes - 15.7 MB
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Previous Episode: Ep 59: A Message To Good Savers

Next Episode: Ep 61: Mailbag: Mortgages, Charities and Retirement Goals

There’s a lot of confusion out there about annuities, probably because there are different types that do different things. We’ll explain how they work and how they might be used in your financial plan.

What we discuss on this episode:

1:22 – Immediate annuity

2:55 – Tax-deferred annuity

4:06 – Fixed annuity

5:07 – Fixed index annuity

6:30 – Pros and cons

8:15 – Volatility

9:09 – Annuity contracts

Get additional financial resources:

https://maestrowealth.com/how-money-works-podcast/