S1E58: Considering Annuities As Part of An Overall Income Plan with David Blanchett, PhD, Head of Retirement Research at Morningstar
The John Chapman Show Podcast
English - October 20, 2020 12:00 - 27 minutes - 25.1 MB - ★★★★★ - 4 ratingsBusiness investing health entrepreneur business passive investing cashflow tax rentals syndications apartments Download Apple Podcasts Google Podcasts Overcast Castro Pocket Casts RSS feed
John interviews David Blanchett, the Head of Retirement Research at Morningstar, to discuss how to generate retirement income.
With interest rates at historic lows and longevity expectations longer than ever, many retirees face the challenge of having to generate income from their investments for potentially 3 or 4 decades.
As a result, many researchers suggest incorporating an income annuity as part of the overall portfolios a way to balance all the various risks.
During the show, David talks about:
The different types of annuities, such as accumulation vs. income annuities
The benefits of risk pooling and mortality credits
The psychological impact of spending down an investment portfolio vs. receiving guaranteed income
How to think about layering annuities into an overall income plan
You can check out more about David here: https://www.morningstar.com/authors/1738/david-blanchett
Disclosure: this is not a recommendation for an annuity, but rather a fun and educational conversation so you can talk with your advisor and weigh the pros and cons.
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